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CBRE Capital Markets is proud to present a generational opportunity to acquire a planning approved, freehold asset within one of Sydney’s most tightly held and rapidly evolving city-fringe precincts.
Boasting an impressive 42 metres* of street frontage (Riley & Busby), 47–51 Riley Street offers 1,726sqm* of gross building area across a 575.4sqm* site. The property presents investors and owner-occupiers alike with a rare opportunity to secure a premium asset featuring flexibility and future upside, just moments from Sydney’s CBD and harbour.
The property is enhanced by 14 dedicated basement car spaces, accessed via Busby Lane, reinforcing the asset’s long-term appeal and functionality.
Positioned just 800 metres from Kings Cross and Museum Stations, 300 metres from Hyde Park and moments from the Finger Wharf dining precinct, the property offers exceptional access to public transport, lifestyle amenity and Sydney’s most celebrated hospitality. Nearby favourites include Flour & Stone, Slims Rooftop, East Sydney Hotel and Beppi's Italian.
Key Highlights:
- Short-term income via full-building lease to October 2026
- Rare dual c.42 metre* frontage to Riley Street & Busby Lane.
- Planning approval for an increase in GFA by c.83% up to 1,856sqm, offering significant value-add optionality.
- Ability for either owner occupation and/or investment with a variety of value-add initiatives.
- Includes large boardroom, head offices, open-plan workspaces, private kitchens, male/female bathrooms, and multiple breakout areas plus sun drenched terrace.
- Flooded with natural light from two sides, creating a bright and inviting atmosphere.
- Direct access and proximity to a range of existing transport hubs.
- 14 dedicated car spaces plus bike bays with rear lane access via Busby Lane.
- Total gross building area of 1,726sqm* across three 575sqm* floor plates.
- A single passenger lift also runs from basement to Level 1 providing direct accessibility door to door.
- Favourable planning controls: MU1 Mixed Use zoning.
- Site area of 575.4sqm*
47-51 Riley Street, Woolloomooloo via Expressions of Interest closing Wednesday 18th March 2026 at 4:00pm (AEST).
*Approx.
Remember to mention you found this property on DevelopmentReady
CBRE Capital Markets is proud to present a generational opportunity to acquire a planning approved, freehold asset within one of Sydney’s most tightly held and rapidly evolving city-fringe precincts.
Boasting an impressive 42 metres* of street frontage (Riley & Busby), 47–51 Riley Street offers 1,726sqm* of gross building area across a 575.4sqm* site. The property presents investors and owner-occupiers alike with a rare opportunity to secure a premium asset featuring flexibility and future upside, just moments from Sydney’s CBD and harbour.
The property is enhanced by 14 dedicated basement car spaces, accessed via Busby Lane, reinforcing the asset’s long-term appeal and functionality.
Positioned just 800 metres from Kings Cross and Museum Stations, 300 metres from Hyde Park and moments from the Finger Wharf dining precinct, the property offers exceptional access to public transport, lifestyle amenity and Sydney’s most celebrated hospitality. Nearby favourites include Flour & Stone, Slims Rooftop, East Sydney Hotel and Beppi's Italian.
Key Highlights:
- Short-term income via full-building lease to October 2026
- Rare dual c.42 metre* frontage to Riley Street & Busby Lane.
- Planning approval for an increase in GFA by c.83% up to 1,856sqm, offering significant value-add optionality.
- Ability for either owner occupation and/or investment with a variety of value-add initiatives.
- Includes large boardroom, head offices, open-plan workspaces, private kitchens, male/female bathrooms, and multiple breakout areas plus sun drenched terrace.
- Flooded with natural light from two sides, creating a bright and inviting atmosphere.
- Direct access and proximity to a range of existing transport hubs.
- 14 dedicated car spaces plus bike bays with rear lane access via Busby Lane.
- Total gross building area of 1,726sqm* across three 575sqm* floor plates.
- A single passenger lift also runs from basement to Level 1 providing direct accessibility door to door.
- Favourable planning controls: MU1 Mixed Use zoning.
- Site area of 575.4sqm*
47-51 Riley Street, Woolloomooloo via Expressions of Interest closing Wednesday 18th March 2026 at 4:00pm (AEST).
*Approx.
Remember to mention you found this property on DevelopmentReady
