Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

The Minerva, 30 Orwell Street, Potts Point, NSW 2011

+5 Photos

The Minerva, 30 Orwell Street, Potts Point, NSW 2011

Potts Point

×
Sold Check
+7 Photos

The Minerva, 30 Orwell Street, Potts Point, NSW 2011

Potts Point

SOLD
The Minerva, 30 Orwell Street, Potts Point, NSW 2011

The Minerva, 30 Orwell Street, Potts Point, NSW 2011

Properties / Sold / New South Wales / Potts Point
Development Approved
Property Type
Commercial, Mixed Use
Sub Type
Hotel Sites, Land Site
Land Area
1,267 m² (*approx)
Selling Method
EOI: $29,500,000
Show All
DA Approved Iconic Landmark in City Fringe
  • Valuable envelope of 4,417sqm GFA
  • Flexible MU1 – Mixed Use zoning
  • Substantial 1,267 sqm* land holding

JLL, in conjunction with IB Property are pleased to present to market a remarkable opportunity to acquire a DA approved iconic landmark within Sydney’s coveted and tightly held Potts Point market.

•Generational opportunity to re-imagine one of Sydney’s most culturally iconic former theatres ‘The Minerva’.

•Valuable DA approval to re-vitalise the heritage building and create a versatile fusion of upscale hospitality and entertainment venue in addition to a lavish 63-room, 5-star boutique hotel extending to 4,417sqm of GFA.

•A substantial freehold 1,267 sqm* landholding across a level corner site with two street frontages and providing 2,326sqm* of existing built form with secure basement parking for 10 vehicles.

•Favourable MU1 – Mixed Use zoning allowing alternate redevelopment options such as creative commercial office or premium residential which capitalises on the approved envelope.

•Ideally located within Sydney’s city fringe one of the most tightly-held and scarce development destinations.

•Optimally positioned within 2km* of Sydney CBD yet befitting from the vibrant amenity of Potts Point famous for its cultural charm, abundance of cafes, upmarket restaurants, trendy bars and ideally situated between the harbourside precincts of Woolloomooloo and Elizabeth Bay. 

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

30 Orwell Street Development Site Summary

Property Type
Commercial, Mixed Use
Sub-type
Hotel Sites, Land Site
Land Area
1,267 m² (*approx)
Selling method
EOI: $29,500,000

Development Site Highlights

DA Approved Iconic Landmark in City Fringe
  • Valuable envelope of 4,417sqm GFA
  • Flexible MU1 – Mixed Use zoning
  • Substantial 1,267 sqm* land holding

JLL, in conjunction with IB Property are pleased to present to market a remarkable opportunity to acquire a DA approved iconic landmark within Sydney’s coveted and tightly held Potts Point market.

•Generational opportunity to re-imagine one of Sydney’s most culturally iconic former theatres ‘The Minerva’.

•Valuable DA approval to re-vitalise the heritage building and create a versatile fusion of upscale hospitality and entertainment venue in addition to a lavish 63-room, 5-star boutique hotel extending to 4,417sqm of GFA.

•A substantial freehold 1,267 sqm* landholding across a level corner site with two street frontages and providing 2,326sqm* of existing built form with secure basement parking for 10 vehicles.

•Favourable MU1 – Mixed Use zoning allowing alternate redevelopment options such as creative commercial office or premium residential which capitalises on the approved envelope.

•Ideally located within Sydney’s city fringe one of the most tightly-held and scarce development destinations.

•Optimally positioned within 2km* of Sydney CBD yet befitting from the vibrant amenity of Potts Point famous for its cultural charm, abundance of cafes, upmarket restaurants, trendy bars and ideally situated between the harbourside precincts of Woolloomooloo and Elizabeth Bay. 

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

Finance Calculator

The Minerva, 30 Orwell Street, Potts Point, NSW 2011

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: new south wales
Indicative rate for new south wales. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO new south wales for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of The Minerva, 30 Orwell Street, Potts Point, NSW 2011

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
The Minerva, 30 Orwell Street, Potts Point, NSW 2011 Potts Point
JLL - Sydney
JLL - Sydney
level 27, 180, George Street, Sydney, City of Sydney, New South Wales, Australia, 2000
View Agency Profile