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Whole Building/32-36 City Road
Chippendale NSW 2008
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Sold on 11 Jan 2023

Whole Building/32-36 City Road Chippendale NSW 2008

  • Shop & Retail
  • 951 m²
  • Sold

Iconic Investment in Tightly Held Location

    TGC are excited to present 32-36 City Road Chippendale to market.

    A landmark freestanding asset, widely recognised as the Toby's Estate Building, encompassing a blue-chip tenanted asset with a flexible reposition or development twist.

    The double height freestanding retail/office/warehouse begins in the newly refurbished Toby's Estate flagship café. Designed to provide an interactive customer experience with a focus on preparation, quality and taste.

    The recent improvements to the café provide a glass backdrop to the warehouse area where Toby's Estate operates their only roastery in Australia.

    The 951.3 sqm (approx.) offering is complete with a modern mezzanine office, boardroom, kitchen and breakout area above the café and a coffee lab mezzanine with training room at the rear.

    THE OPPORTUNITY

    Rare City Fringe freestanding building with B4 zoning
    Current income $297,445.35 p.a. with annual increases and reversionary potential
    Rear lane pedestrian access and driveway at the front with loading dock
    Abundance of natural light throughout and overlooking Victoria Park
    Occupied by Toby's Estate - a world leader in coffee
    Brand new cafe, highly productive roastery warehouse, new office and coffee lab
    Fantastic City Fringe location, near Broadway Shopping Centre and Central Park
    Within the education precinct of Sydney Uni, UTS, Notre Dame, Sydney TAFE and more
    Walking distance to Central Station and arterial bus routes
    Main road exposure with approximately 45,000 vehicles passing daily
    Close and easy access to the CBD, Inner West and South Sydney

    Property Highlights

    Date Sold11 Jan 2023
    Floor Area951 m²
    Land Area640 m²
    Parking2 x Onsite parkings
    Property ID2018151913
    Category
    Last updated  11 Jan 2023
    Map for Whole Building/32-36 City Road Chippendale NSW 2008

    Nearest transport* to Whole Building/32-36 City Road Chippendale NSW 2008

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    Property Highlights

    Date Sold11 Jan 2023
    Floor Area951 m²
    Land Area640 m²
    Parking2 x Onsite parkings
    Property ID2018151913
    Category
    Last updated  11 Jan 2023

    Co-Agents

    Hamish Henderson
    Hamish Henderson
    TGC
    Call
    0415 857 001
    John Romyn
    John Romyn
    TGC
    Call
    0414 183 712
    Paul Hunter
    Paul Hunter
    TGC
    Call
    +61 412 764 682

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