- Freehold opportunity comprising a three storey commercial building offering 678sqm* of NLA
- Two street frontages offering a 12.5m* frontage to George Street and a 9m* frontage to St Laurence Lane
- Land parcel of 300sqm*
- Opportunity to acquire a boutique commercial property with a range of value-add opportunities including reletting the current space
- Potential to increase net returns through refurbishment of the existing offering (STCA)
- Opportunity to value add through construction of a number of additional levels and refurbishment of the existing floor space (STCA)
- DA approval for 188 bed 10 storey hotel / backpackers
- FSR 7.5:1, HOB 50m and Zoned B8 Metropolitan Centre
- Located within 350m* of Sydney's Central Train Station and within 1.3km* of Sydney's CBD
- Very tightly held commercial precinct, with minimal opportunities for entry
- Current tenants are on a month to month agreement
*Approx.