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49-51 Goold Street Chippendale NSW 2008

  • Development / Land
  • 164 m²
  • For Sale, Contact Agent

Rare Chippendale Freehold Investment with Upside

  • Established tenancy profile
  • Strong income stream
  • Development upside with demo clause

Knight Frank, as the exclusive selling agents, is delighted to present for sale 49-51 Goold Street, Chippendale a rare commercial freehold investment of scale in Sydney CBD's gentrifying fringe.

The property features a two storey freehold leased with a highly profitable bar and residence. Saga Bar, is a hidden bar within the laneways next door to Spice Alley and offers patrons an experience in itself.

- Cash flow investment, with a lease tail expiring December 2024 and a 6 month demolition clause.
- Flexible mixed use asset, with a newly renovated bar/restaurant and a first floor over sized 2 bedroom apartment
- Strategically positioned to benefit from significant future infrastructure spend happening in the surrounding precinct over the next ten years.
- Significant future development upside potential with the opportunity to transform the existing improvements into a number of uses.

For Sale via Public Auction on 10 June 2021 at Cooley Auction Centre, Level 5 of 1 Margaret Street, Sydney from 10:30am.

For more information, please contact the exclusive selling agents.

Demi Carigliano
Knight Frank - South Sydney
Demi Carigliano
Knight Frank - South Sydney
Andrew Harford
Knight Frank - Sydney
Andrew Harford
Knight Frank - Sydney

Property Highlights

Property ID2016139777
Floor Area320 m²
Land Area164 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  6 May 2021
Map for 49-51 Goold Street Chippendale NSW 2008
Map for 49-51 Goold Street Chippendale NSW 200849-51 Goold Street Chippendale NSW 2008
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Demi Carigliano
Knight Frank - South Sydney
Demi Carigliano
Knight Frank - South Sydney
Andrew Harford
Knight Frank - Sydney
Andrew Harford
Knight Frank - Sydney

Property Highlights

Property ID2016139777
Floor Area320 m²
Land Area164 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  6 May 2021
Knight Frank - South Sydney
Suite 9 G, Graphix Row Sydney Corporate Park, 160 Bourke Road Alexandria NSW 2015
Demi Carigliano
Knight Frank - South Sydney
Demi Carigliano
Knight Frank - South Sydney
Andrew Harford
Knight Frank - Sydney
Andrew Harford
Knight Frank - Sydney

Ask Demi Carigliano about this property

Demi Carigliano

Demi Carigliano

Knight Frank - South Sydney

Andrew Harford

Andrew Harford

Knight Frank - Sydney

+61 *** ***
+61 423 015 815

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