Back to previous step
Close
The opportunity exists to capitalise on holding income and explore the potential to redevelop or adaptively re-use this character filled 3-storey mixed-use commercial building. The property currently incorporates five ground floor retail shops together, with two levels of office accommodation. The site has access from Hunter Street, Market Street and a laneway on the eastern and northern boundaries making this a 100% standalone asset. Currently leased to a range of retail and commercial tenants, all of which are either on holdover or include demolition / relocation clauses, providing flexibility for a potential redevelopment or repositioning of the asset.
A number of neighbouring developments have received consent for additional levels, setting a strong precedent for mixed-use developments in this area. Directly opposite is the recently approved stages 3 & 4 of Iris’s East End Development featuring almost 200 apartments and ground floor retail, adding to the amenity the Hunter Street Mall already offers.
For Sale by Expressions of Interest, closing Wednesday 9 July 4:00pm 2025 (AEST) | For more information please contact the listing agents.
*Approximate.
Remember to mention you found this property on DevelopmentReady
The opportunity exists to capitalise on holding income and explore the potential to redevelop or adaptively re-use this character filled 3-storey mixed-use commercial building. The property currently incorporates five ground floor retail shops together, with two levels of office accommodation. The site has access from Hunter Street, Market Street and a laneway on the eastern and northern boundaries making this a 100% standalone asset. Currently leased to a range of retail and commercial tenants, all of which are either on holdover or include demolition / relocation clauses, providing flexibility for a potential redevelopment or repositioning of the asset.
A number of neighbouring developments have received consent for additional levels, setting a strong precedent for mixed-use developments in this area. Directly opposite is the recently approved stages 3 & 4 of Iris’s East End Development featuring almost 200 apartments and ground floor retail, adding to the amenity the Hunter Street Mall already offers.
For Sale by Expressions of Interest, closing Wednesday 9 July 4:00pm 2025 (AEST) | For more information please contact the listing agents.
*Approximate.
Remember to mention you found this property on DevelopmentReady
