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50 Kellett Street
Potts Point NSW 2011
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50 Kellett Street Potts Point NSW 2011

  • Development / Land
  • 152 m²
  • Expressions of Interest

Operate Purpose Built Adult Services or Develop with 12-Meter Height Allowance

    Stanton Hillier parker is pleased to present 50 Kellett Street, Potts Point to the market for sale. This beautiful terrace offers the astute investor the opportunity to continue using the property for Adult Services or to develop, modernize and capitalise. The property is currently configured with 8 purpose-built rooms, large reception area over two-levels with secure rear lane access and double off-street parking. The business is well-established with a grandfather 24-hour Adult Services license, quality fit-out and continuous income stream.

    The flexibility of the MU1-Mixed Use zoning and the 12-metre height allowance will enable you to unlock the development opportunity to craft your dream space, whether for residential living or for lucrative commercial usage (STCA). Conveniently located in one of Sydney's most vibrant and densely populated areas and just footsteps away from the Kings Cross Train Station, popular restaurants, shops and Sydney CBD; this property is close to everything.

    Key Property Highlights:
    Continue operating as adult services business
    Develop with 12-metre height allowance
    Rear lane access with double off-street parking
    8-Purpose built rooms over 2-levels
    High quality, no expense spared fit-out
    3 Communal toilets and 7 showers
    Airconditioning throughout property
    Zone: MU1 Mixed Use
    FSR: 1.25:1
    Land area: 152 sqm
    Building area: 130 sqm
    Offered with vacant possession

    Outgoings:
    Water rates: $2,420 pa
    Council rates: $5,273 pa

    Offered For Sale via Expressions of Interest (EOI), closing on the 8th of May'24 at 4:00pm.

    Please contact the exclusive agents for further information:
    Steven Kruyer 0414 404 070
    Guy Yarden 0404 082 262

    EXPRESSION OF INTEREST

    Closing date and time08/05/2024 16:00
    Recipient nameAsk Agent
    Delivery addressAsk Agent

    Property Highlights

    Floor Area130 m²
    Land Area152 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019131315
    Category
    Last updated  16 May 2024
    Map for 50 Kellett Street Potts Point NSW 2011

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    Property Highlights

    Floor Area130 m²
    Land Area152 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019131315
    Category
    Last updated  16 May 2024

    Co-Agents

    Steven Kruyer
    Stanton Hillier Parker Sydney
    Call
    0414 404 070
    Guy Yarden
    Stanton Hillier Parker Sydney
    Call
    0404 082 262

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