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393-397 George Street, Sydney, NSW 2000

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393-397 George Street, Sydney, NSW 2000

Sydney

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393-397 George Street, Sydney, NSW 2000
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393-397 George Street, Sydney, NSW 2000

393-397 George Street, Sydney, NSW 2000

Properties / Buy / New South Wales / Sydney
Development Potential
Property Type
Commercial
Sub Type
Office, Retail/Shopping Centre
Land Area
540 m² (*approx)
LGA
Council of the City of Sydney
Selling Method
EOI: Contact Agent
EOI Closing Date
2 Jun 2026 03:00PM
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Generational Opportunity in Sydney's Premier Luxury Retail Precinct
  • Triple freehold landholding
  • 100% leased to global retailers
  • Significant rental reversion upside

Knight Frank is privileged to exclusively present for sale 393–397 George Street, Sydney, a generational opportunity comprising three adjoining freehold assets in Sydney’s premier luxury retail precinct.

The property comprises a contiguous 540sqm* landholding with 25 metres* of George Street frontage, positioned within the CBD’s most tightly held retail strip. Surrounded by global luxury brands including Apple, Louis Vuitton, Cartier and Chanel, the asset benefits from exceptional exposure and long-term tenant demand fundamentals.

The retail accommodation is fully leased to established international tenants including Oakley, Onitsuka Tiger and Michael Hill, generating approximately $3.15m* in net passing income. The asset is materially under-rented, with a new market income estimated at $4.50m*, providing significant rental reversion potential.

Key Investment Highlights:

• Rare triple-title freehold landholding in a globally recognised luxury retail precinct

• 100% leased income profile underpinned by international retailers

• Strong rental reversion potential, with approximately 43% upside to market

• Flexible configuration allowing for consolidation, repositioning or staged divestment

• Flagship repositioning potential to attract global luxury occupiers

• Strong connectivity with three major transport modes within 500 metres*, servicing over 120 million commuters annually

• Rare sub-$100 million entry point into one of Australia’s most tightly held retail markets

393-397 George Street, Sydney is offered For Sale via an Expressions of Interest (EOI) campaign, closing Tuesday 2 June 2026 at 3:00PM (AEST).

For more information or to arrange an inspection, please contact the exclusive selling agents.

*Approximately

Remember to mention you found this property on DevelopmentReady

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Development Potential

393-397 George Street Development Site Summary

Property Type
Commercial
Sub-type
Office, Retail/Shopping Centre
Land Area
540 m² (*approx)
LGA
Council of the City of Sydney
Selling method
EOI: Contact Agent
EOI Closing Date
2 Jun 2026 03:00PM
Add to calendar

Development Site Highlights

Generational Opportunity in Sydney's Premier Luxury Retail Precinct
  • Triple freehold landholding
  • 100% leased to global retailers
  • Significant rental reversion upside

Knight Frank is privileged to exclusively present for sale 393–397 George Street, Sydney, a generational opportunity comprising three adjoining freehold assets in Sydney’s premier luxury retail precinct.

The property comprises a contiguous 540sqm* landholding with 25 metres* of George Street frontage, positioned within the CBD’s most tightly held retail strip. Surrounded by global luxury brands including Apple, Louis Vuitton, Cartier and Chanel, the asset benefits from exceptional exposure and long-term tenant demand fundamentals.

The retail accommodation is fully leased to established international tenants including Oakley, Onitsuka Tiger and Michael Hill, generating approximately $3.15m* in net passing income. The asset is materially under-rented, with a new market income estimated at $4.50m*, providing significant rental reversion potential.

Key Investment Highlights:

• Rare triple-title freehold landholding in a globally recognised luxury retail precinct

• 100% leased income profile underpinned by international retailers

• Strong rental reversion potential, with approximately 43% upside to market

• Flexible configuration allowing for consolidation, repositioning or staged divestment

• Flagship repositioning potential to attract global luxury occupiers

• Strong connectivity with three major transport modes within 500 metres*, servicing over 120 million commuters annually

• Rare sub-$100 million entry point into one of Australia’s most tightly held retail markets

393-397 George Street, Sydney is offered For Sale via an Expressions of Interest (EOI) campaign, closing Tuesday 2 June 2026 at 3:00PM (AEST).

For more information or to arrange an inspection, please contact the exclusive selling agents.

*Approximately

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
James Aroney
James Aroney
+61 *** *** *** show +61 408 245 554
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+61 408 245 554 [email protected] Message
Rob Sewell
Rob Sewell
+61 *** *** *** show +61 407 243 229
Message Message
+61 407 243 229 [email protected] Message
James Aroney
James Aroney
+61 *** *** *** show +61 408 245 554
Message Message
+61 408 245 554 [email protected] Message
Rob Sewell
Rob Sewell
+61 *** *** *** show +61 407 243 229
Message Message
+61 407 243 229 [email protected] Message

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393-397 George Street, Sydney, NSW 2000

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393-397 George Street, Sydney, NSW 2000 Sydney
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Knight Frank - Sydney CBD
Knight Frank - Sydney CBD
Level 22 Angel Place, 123 Pitt StreetSydney NSW 2000
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James Aroney
James Aroney
+61 *** *** *** show +61 408 245 554
Rob Sewell
Rob Sewell
+61 *** *** *** show +61 407 243 229
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