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810-812A George Street, Sydney NSW 2000, Australia

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810-812A George Street, Sydney NSW 2000, Australia

Sydney Cbd

SOLD
810-812A George Street, Sydney NSW 2000, Australia

810-812A George Street, Sydney NSW 2000, Australia

Properties / Sold / New South Wales / Sydney Cbd
Development Approved
Property Type
Commercial
Land Area
300 m² (*approx)
LGA
Council of the City of Sydney
Selling Method
EOI: Closing Wednesday 9 June, 4:00pm
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Central Sydney Development Opportunity

• Freehold opportunity comprising a three storey commercial building offering 678sqm* of NLA
• Two street frontages offering a 12.5m* frontage to George Street and a 9m* frontage to St Laurence Lane
• Land parcel of 300.025sqm*
• Opportunity to acquire a boutique commercial property with a range of value-add opportunities including reletting the current space
• Potential to increase net returns through refurbishment of the existing offering (STCA)
• Opportunity to value add through construction of a number of additional levels and refurbishment of the existing floor space (STCA)
• DA approval for a 188 bed 10 storey hotel / backpackers
• FSR 7.5:1, HOB 50m and Zoned B8 – Metropolitan Centre
• Located within 350m* of Sydney’s Central Train Station and within 1.3km* of Sydney’s CBD
• Very tightly held commercial precinct, with minimal opportunities for entry
• Current tenants are on a month to month agreement

*Approx.

Remember to mention you found this property on DevelopmentReady

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Development Approved

810-812A George Street Development Site Summary

Property Type
Commercial
Land Area
300 m² (*approx)
Council of the City of Sydney
Selling method
EOI: Closing Wednesday 9 June, 4:00pm

Development Site Highlights

Central Sydney Development Opportunity

• Freehold opportunity comprising a three storey commercial building offering 678sqm* of NLA
• Two street frontages offering a 12.5m* frontage to George Street and a 9m* frontage to St Laurence Lane
• Land parcel of 300.025sqm*
• Opportunity to acquire a boutique commercial property with a range of value-add opportunities including reletting the current space
• Potential to increase net returns through refurbishment of the existing offering (STCA)
• Opportunity to value add through construction of a number of additional levels and refurbishment of the existing floor space (STCA)
• DA approval for a 188 bed 10 storey hotel / backpackers
• FSR 7.5:1, HOB 50m and Zoned B8 – Metropolitan Centre
• Located within 350m* of Sydney’s Central Train Station and within 1.3km* of Sydney’s CBD
• Very tightly held commercial precinct, with minimal opportunities for entry
• Current tenants are on a month to month agreement

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

Finance Calculator

810-812A George Street, Sydney NSW 2000, Australia

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Property Location of 810-812A George Street, Sydney NSW 2000, Australia

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Due Diligence

Developments and amenities within a 5km radius of this Commercial opportunity at 810-812A George Street, Sydney NSW 2000, Australia.

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810-812A George Street, Sydney NSW 2000, Australia Sydney Cbd