Watch Watch
Your home of Development Ready videos
Watch Watch
All Videos
Back
Back to results
Properties / Buy / New South Wales / Surry Hills
Save
Share

47-97 Marlborough Street, Surry Hills, NSW 2010

Enquire
+5 Photos
/
Images
Video
Close

47-97 Marlborough Street, Surry Hills, NSW 2010

Surry Hills

Enquire now or Access Dataroom
47-97 Marlborough Street, Surry Hills, NSW 2010
×
+7 Photos
47-97 Marlborough Street, Surry Hills, NSW 2010

47-97 Marlborough Street, Surry Hills, NSW 2010

Properties / Buy / New South Wales / Surry Hills
Development Potential
Property Type
Commercial
Sub Type
Office
Land Area
3,413 m² (*approx)
LGA
Council of the City of Sydney
Selling Method
EOI: Contact exclusive selling agents
DOCUMENTS AVAILABLE
Request Access
Show All
A unique land rich Surry hills trophy
  • Exceptionally rare underdeveloped site
  • Two adjoining character filled buildings
  • 5.5 star NABERS energy rating

JLL AND THE AGENCY ARE PRIVILEGED TO PRESENT FOR SALE FOR THE FIRST TIME IN OVER 50 YEARS, 47-97 MARLBOROUGH STREET, SURRY HILLS.

This significant offering comprises two adjoining character filled office / showroom buildings on an exceptionally rare, underdeveloped site of 3,413sqm* offering multiple development options and the potential for an additional 5,730sqm* GFA (STCA).

Originally constructed in 2 stages between 1914-1934 as the purpose-built factory for David Jones, the property has been extensively repositioned and is currently configured into highly desirable & sustainable office suites and showrooms.

Investment highlights

•An exceptional opportunity to acquire two adjoining character filled buildings, with four sides of natural light, ideal floor plate configuration, high 4.2m ceilings, and large double hung sash windows offering stunning district views.

•Extensively refurbished over recent years, the assets are 97% leased on effective rents providing a secure and sustainable cash flow with strong rental growth.

•Prime location within the inner city’s most desirable suburb the assets benefit from excellent proximity to transportation hubs, essential infrastructure, and an array of lifestyle amenities.

•Access to Australia’s best performing office market Surry Hills which has the lowest vacancy rate of all 19 major office markets nationally at 6.8% as at Q1 2024 compared to Sydney CBD at 14.3%^

•Existing NLA 8,710sqm* plus 49 car parking spaces and end of trip facilities

•Estimated Net Income (fully leased) $3.45m*

•5.5 star NABERS energy rating

*Approximate

^ source JLL Research

A 100% freehold interest in 47-97 Marlborough Street, Surry Hills is for sale via Expressions of Interest closing on Wednesday 12th June 2024 at 3:00pm (AEST).

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential

47-97 Marlborough Street Development Site Summary

Property Type
Commercial
Sub-type
Office
Land Area
3,413 m² (*approx)
LGA
Council of the City of Sydney
Selling method
EOI: Contact exclusive selling agents
DOCUMENTS AVAILABLE
Gain Access

Development Site Highlights

A unique land rich Surry hills trophy
  • Exceptionally rare underdeveloped site
  • Two adjoining character filled buildings
  • 5.5 star NABERS energy rating

JLL AND THE AGENCY ARE PRIVILEGED TO PRESENT FOR SALE FOR THE FIRST TIME IN OVER 50 YEARS, 47-97 MARLBOROUGH STREET, SURRY HILLS.

This significant offering comprises two adjoining character filled office / showroom buildings on an exceptionally rare, underdeveloped site of 3,413sqm* offering multiple development options and the potential for an additional 5,730sqm* GFA (STCA).

Originally constructed in 2 stages between 1914-1934 as the purpose-built factory for David Jones, the property has been extensively repositioned and is currently configured into highly desirable & sustainable office suites and showrooms.

Investment highlights

•An exceptional opportunity to acquire two adjoining character filled buildings, with four sides of natural light, ideal floor plate configuration, high 4.2m ceilings, and large double hung sash windows offering stunning district views.

•Extensively refurbished over recent years, the assets are 97% leased on effective rents providing a secure and sustainable cash flow with strong rental growth.

•Prime location within the inner city’s most desirable suburb the assets benefit from excellent proximity to transportation hubs, essential infrastructure, and an array of lifestyle amenities.

•Access to Australia’s best performing office market Surry Hills which has the lowest vacancy rate of all 19 major office markets nationally at 6.8% as at Q1 2024 compared to Sydney CBD at 14.3%^

•Existing NLA 8,710sqm* plus 49 car parking spaces and end of trip facilities

•Estimated Net Income (fully leased) $3.45m*

•5.5 star NABERS energy rating

*Approximate

^ source JLL Research

A 100% freehold interest in 47-97 Marlborough Street, Surry Hills is for sale via Expressions of Interest closing on Wednesday 12th June 2024 at 3:00pm (AEST).

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential
James Aroney
James Aroney
+61 *** *** *** show +61 408 245 554
Message Message
+61 408 245 554 [email protected] Message
Michael Laing
Michael Laing
+61 *** *** *** show +61 414 606 035
Message Message
+61 414 606 035 [email protected] Message
Access Dataroom
James Aroney
James Aroney
+61 *** *** *** show +61 408 245 554
Message Message
+61 408 245 554 [email protected] Message
Michael Laing
Michael Laing
+61 *** *** *** show +61 414 606 035
Message Message
+61 414 606 035 [email protected] Message

Finance Calculator

47-97 Marlborough Street, Surry Hills, NSW 2010

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 47-97 Marlborough Street, Surry Hills, NSW 2010

One moment please.

Retrieving map...

New Report

Market Intelligence Report

Developments and amenities within a 5km radius of this Commercial opportunity at 47-97 Marlborough Street, Surry Hills, NSW 2010.

View Full Report - Dataroom
5km radius max
Distance
Asset Type

One moment please.

Retrieving latest data...

5km radius max
Distance
47-97 Marlborough Street, Surry Hills, NSW 2010 Surry Hills
Enquire
JLL - Sydney
JLL - Sydney
level 27, 180, George Street, Sydney, City of Sydney, New South Wales, Australia, 2000
View Agency Profile
James Aroney
James Aroney
+61 *** *** *** show +61 408 245 554
The Agency - Bondi Junction Commercial
The Agency - Bondi Junction Commercial
Westfield Tower 2, Suite 1 Level 17, 101 Grafton Street, Bondi Junction NSW 2022
Michael Laing
Michael Laing
+61 *** *** *** show +61 414 606 035
Enquire