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2. Property Highlights

RARE CBD OPPORTUNITY
  • Unencumbered vacant land strata lot
  • Adjoining brand-new hotel development
  • Immediate value add upside (STCA)

CBRE Asia Pacific Capital Markets team are pleased to present to market ‘Lot 35, 370 Pitt Street, Sydney’, an incredibly unique opportunity to purchase an unencumbered vacant land strata lot with potential for repositioning, redevelopment, retitling and or site amalgamation (STCA)*.

Seamlessly connected, the property is nearby to all major transport options, located centrally between three CBD train stations - Central, Town Hall and Museum. The future Pitt Street Metro rail station will also be of short distance to the asset and further enhance pedestrian circulation and concentration to the area.

Investment Highlights;

- Unencumbered vacant land strata lot.

- 156sqm strata area with potential for repositioning, redevelopment, retitling and or site amalgamation (STCA)*.

- Strategic ownership stake with potential to influence neighbouring sites.

- Ability for either owner occupation and or investment.

- Incredibly low holding costs of approx. $37/sqm.

- Direct access to existing transport hubs and future Metro network.

Lot 35, 370 Pitt Street, Sydney is being offered for sale via an International Expressions of Interest closing at 5:00pm on Tuesday 28th of May 2024.

Please reach out to the joint exclusive agents Angus Windred, Callum Cooke and Harry George of CBRE to receive further information.

Remember to mention you found this property on DevelopmentReady

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3. Property Location

Lot 35 370 Pitt Street, Sydney, NSW 2000

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4. Due Diligence

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