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598-610 Crown Street
Surry Hills NSW 2010
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Sold on 19 Jul 2018

598-610 Crown Street Surry Hills NSW 2010

  • Development / Land
  • 888 m²
  • Sold

SEVEN FREEHOLD BUILDINGS IN ONE LINE

  • Substantial holding income
  • Zoning permitting further development
  • 200m* from future light rail stop

CBRE is pleased to present 598-610 Crown Street, Surry Hills. First time offered to market, the amalgamated development site occupies a premium Crown Street frontage within close proximity to the Sydney Light Rail Surry Hills stop. The favourably zoned consolidated 888sqm* site comprises seven shop top freehold properties in the heart of Crown Street’s retail precinct.

598-610 Crown Street, Surry Hills capitalises on the following key attributes:

• Combined land area: 888sqm*
• B2 Local Centre zoning
• Flexible development options with a 2:1 FSR and 12 metre height limit
• Currently 7 x 2 storey commercial freeholds with shop top housing
• Net passing income: $338,819 per annum*
• 200m* from incoming Surry Hills Light Rail stop and the soon to be re-developed Surry Hills Shopping Village by Toga Group with Coles supermarket continuing occupying the ground floor tenancy
• Within 1km* of Central Station and Moore Park Showgrounds
• Multiple bus routes down Crown Street connect the site to Central Station, the CBD and greater metropolitan Sydney
• Highly demanded suburb with strong growth and affluent demographic
• 1.7km* to the Sydney CBD

598-610 Crown Street, Surry Hills will be made available for sale via expressions of interest closing on Wednesday, 27 June 2018 at 4:00pm.

*Approximate

EXPRESSION OF INTEREST

Closing date and timeAsk Agent
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Date Sold19 Jul 2018
Floor AreaAsk Agent
Land Area888 m²
ParkingAsk Agent
Property ID2014415964
Category
Last updated  20 Jul 2018
Map for 598-610 Crown Street Surry Hills NSW 2010

Nearest transport* to 598-610 Crown Street Surry Hills NSW 2010

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Property Highlights

Date Sold19 Jul 2018
Floor AreaAsk Agent
Land Area888 m²
ParkingAsk Agent
Property ID2014415964
Category
Last updated  20 Jul 2018

Co-Agents

Nicholas Heaton
Nicholas Heaton
CBRE Sydney
Call
+61 408 025 97
Gemma Isgro
Gemma Isgro
CBRE Sydney
Call
0403 230 085

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