45 Alexander Street Crows Nest NSW 2065

Ray White Commercial Sydney North as exclusive selling agent is proud to present 45 Alexander Street, Crows Nest for sale via Auction.

Perfectly positioned in the thriving centre of Crows Nest and opposite Woolworths and Crows Nest Council Car Park, this character-filled property offers the opportunity to purchase a prime asset to either occupy or invest in this superb location with the opportunity to value-add through further development (STCA), offered to the market for the first time in over 60 years*.

Consisting of an internal area of 347 sqm* plus a cellar of approximately 85 sqm*, on a Land Area of 221 sqm*, the property offers the flexibility to lease or to occupy, with the current tenant being an owner-occupier. With Rear lane access from Alexander Lane, the property includes undercover parking for one car and has an estimated gross income of $220,000 per annum + GST*.

Established in 1961*, Stuyvesant's House is a Sydney Institution where great food has been matched with extraordinary wine for decades. From small villages in Germany, the owners brought to Australia a love of hospitality and an appreciation of excellent food and wine, accompanied by the motto, "Good food makes good people". Many say that their cellar is the best in Sydney, filled with a passion for wine, there are thousands of individual wines to taste which have been perfectly stored, and in a few now rare cases, for more than 55 years*.

Providing a cosmopolitan lifestyle, Crows Nest is a vibrant, well-located suburb with a village feel and an urban charm that makes it a highly desired suburb in which to work and live. The suburb is well-revered for its local retail offering and vast array of popular cafes, restaurants, pubs, wine bars and boutique shops. Surrounded by well-regarded community infrastructure including schools, hospitals, sports facilities, ovals and parks, Crows Nest also possesses excellent public transport services and road network connectivity. With only 3 sets of traffic lights to Sydney's CBD, travel time by car is generally approx. 7 minutes and 500m* from the new Crows Nest metro.

Property Highlights:
• First time offered in over 60 years*
• Occupy or Invest
• Rear Lane Access + Parking for 2 x Cars
• Land Area - 221 sqm*
• Internal Area - 347 sqm* + 85 sqm* Cellar
• Estimated Gross Income of $220,000 per annum + GST*
• Opportunity to value-add through further development (STCA)

*All figures are approximate.

For further information or to arrange an inspection please contact:
Scott Stephens | 0434 341 001
scott.stephens@raywhite.com

Logan Grisaffe | 0403 916 433
logan.grisaffe@raywhite.com