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285a Crown Street
Surry Hills NSW 2010
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Sold on 8 Jan 2018

285a Crown Street Surry Hills NSW 2010

  • Shop & Retail
  • Sold

TERMS AGREED

Positioned within the heart of Surry Hills benefiting from key transport and infrastructure links this exceptional mixed use development is offered with National anchor tenants, secure and diverse income streams plus significant future development upside capitalising on a rare 3058m2 corner block

Developed by Mirvac in 2009 this impeccably maintained freehold is currently 97% leased with a passing income of $4,000,000 derived from 9 prime retail tenancies including About Life and Dixon Hospitality , The iconic Room 4 creative office block of 19 flexible suits with highly sought after amenities including roof top gardens plus valuable parking. With a Net lettable area of 4468m2*

Rare land holding of 3058m2 on Sydney CBD doorstep

4,468 NLA of perfectly balanced revenue streams via diverse commercial and retail tenancies

9 retail tenancies, 19 flexible office suits plus valuable parking

Excellent tenancy profile with multiple national anchors

Net passing income of $4m currently 97% leased

Significant value-add and future development upside

Substantial Capital expenditure, upgrades and depreciation benefits

Key Transport links and CBD core all within minutes’ walk

285a Crown Street is For Sale by Expressions of Interest, closing Thursday 10th August 2017

In conjunction with CI Australia.

Property Highlights

Date Sold8 Jan 2018
Floor AreaAsk Agent
Land AreaAsk Agent
Parking15 x Onsite parkings
Property ID2013697240
Category
Last updated  30 Apr 2018
Map for 285a Crown Street Surry Hills NSW 2010

Nearest transport* to 285a Crown Street Surry Hills NSW 2010

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Property Highlights

Date Sold8 Jan 2018
Floor AreaAsk Agent
Land AreaAsk Agent
Parking15 x Onsite parkings
Property ID2013697240
Category
Last updated  30 Apr 2018

Co-Agents

Miron Solomons
Miron Solomons
Colliers International - Sydney
Call
+61 411 709 666
Michael Stokes
Michael Stokes
CI Australia
Call
+61 418 251 579
Andrew Hunter
Andrew Hunter
CI Australia
Call
+61 418 222 522

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