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Properties For Sale found in SURRY HILLS NSW 2010

TERMS AGREED

Offices | Retail

Positioned within the heart of Surry Hills benefiting from key transport and infrastructure links this exceptional mixed use development is offered with National anchor tenants, secure and diverse income streams plus significant future development upside capitalising on a rare 3058m2 corner block
Developed by Mirvac in 2009 this impeccably maintained freehold is currently 97% leased with a passing income of $4,000,000 derived from 9 prime retail tenancies including About Life and Dixon Hospitality , The iconic Room 4 creative office block of 19 flexible suits with highly sought after amenities including roof top gardens plus valuable parking. With a Net lettable area of 4468m2*
Rare land holding of 3058m2 on Sydney CBD doorstep
4,468 NLA of perfectly balanced revenue streams via diverse commercial and retail tenancies
9 retail tenancies, 19 flexible office suits plus valuable parking
Excellent tenancy profile with multiple national anchors
Net passing income of $4m currently 97% leased
Significant value-add and future development upside
Substantial Capital expenditure, upgrades and depreciation benefits
Key Transport links and CBD core all within minutes' walk
285a Crown Street is For Sale by Expressions of Interest, closing Thursday 10th August 2017
In conjunction with CI Australia.

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Price Contact Agent
Building 4468m²
Occupancy Vacant
Property ID 265005

EXCEPTIONAL CITY FRINGE RETAIL INVESTMENT | 10 + 10 YEAR LEASE TO BONDI WHO...

Investment | Retail

Positioned on the entire ground floor of the popular mixed use development East Central, this impressive and secure retail investment is positioned within one of Sydney's most tightly-held and in demand growth corridors, Surry Hills.
Benefiting from huge exposure to Elizabeth Street and passing trade, this retail space is offered with secure long term lease to Bondi Wholefoods.
The architecturally designed space offers exceptional alfresco dining area fit out and diverse potential for future multiple income streams.
517 Elizabeth Street, Surry Hills has the following key features:
- Long lease to Bondi Wholefoods
- Diverse retail offering
- 400 msqr approx. with exceptional fit out, outdoor area and parking
- 10 year plus 10 year lease
- Net income of approximately $265,099.99 per annum
- Significant depreciation benefits
- Huge street frontage in a brand new retail development
- Walking distance to Sydney CBD
- 400 metres to Central Station and the new nearby light rail
Don't miss out on this exceptional opportunity with an established and diverse tenant, secure income and in one of Sydney's most desirable locations.
For further details please contact Miron Solomons and Matt Pontey of Colliers International.

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Price For Sale
Building 400m²
Occupancy Tenanted
Property ID 259097

AAA RETAIL INVESTMENT, CORNER POSITION.

Investment | Retail | Hotel/Leisure

The property in offer is situated on a prime corner with substantial frontage to Elizabeth and Cooper Street.
This retail investment is leased on a new long term lease to hotelier group Marvan who operate it as "The Evening Star Hotel".
360 Elizabeth Street enjoys a high profile on a main retail street at the foot of the CBD with strong neighboring suburb Chinatown/Haymarket in short walking distance on the corner of Elizabeth and Cooper street between Foveaux Street and Devonshire Street.
Surry Hills is an outstanding city fringe location is rapidly becoming one of Sydney's newest inner city residential and business hubs.
The property is in the heart of the thriving Surry Hills commercial/retail precinct with businesses such Newscorp in the surrounding buildings.
Entrance to Central Railway Station and Sydney Buses network are opposite the property on Elizabeth Street.
This property is well placed to benefit greatly from the Tram-line currently under constructions to be completed 2017/18, providing easy access to the CBD and south to Kingsfords
Key features:-
- Two substantial street frontages
- Leased to Experienced Hotelier
- New 7 year x 5 year lease
- $660,000 pa (NET) + GST
- Tenant pays 100% of outgoings
- 3% annual increases
- 451sqm retail area, storage plus 1 car space
- Prime retail corner position
- Future potential to subdivide into multiple shops ranging from 25 to 195sqm
- Future potential to further strata title into multiple shops (STCA)
Auction; Tuesday May 3rd 2016 at 10:30am (if not sold prior)
Venue: Mezzanine Level, 50 Margret St, Sydney.

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Price: Tuesday May 3rd 2016    Building: 451.3m²    Land: 451.3m²

SECURE CAR PARK ON STRATA TITLE ONLY 10MIN WALK TO CBD!

Retail

A rare opportunity exists to purchase this 17m2 secure car park in the ‘Valentino’s’ building on Crown Street.
This fantastically located, undercover car park comes on a separate strata title.
Situated on the Crown Street only 2 blocks from Oxford Street - park safely and walk to work in the city or the Surry Hills and Darlinghurst neighbourhoods. Enjoy the convenience of a secured, covered car park just walking distance to the CBD - a gem like this doesn't come along very often!
Rental potential is approximately $3,640 p.a. or $70 per week. The perfect stepping stone into property investment or adding to your portfolio.
Strata fees approximately $158 per quarter.
The building is undergoing a refurbishment which will restore it to one of the area’s most desirable warehouse conversions. Refurbishment works are due for completion at the end of 2017. This secure car park remains fully accessible during the works period.
Phone enquiries - please quote property ID 18444

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Price: $88,000    Building: 17m²    Occupancy: Vacant


CAR SPACE FOR SALE-410 ELIZABETH STREET

Other

Property features are
/ Close to central station
/ Security building
/ Easy Elizabeth access
/ Vacant possession
/ Contract is available
/Call Frank Mou for further information

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Price: $105,000 plus GST    Building: 15m²    Occupancy: Vacant

POTENTIAL DEVELOPMENT SITE (S.T.C.A.)

Development/Land

According to Sydney City Council, Land Area 360 sqm approx. Frontages 17m X 29m approx. (3 Street frontages). Floor Space Ratio is 3 : 1. Building height 18 metres. Zoned B4 Mixed Use. Heritage Issues Neutral (not a listed item by either the local or state governments) Permitted with consent
Boarding houses; Hotel or motel accommodation Child care centres; Commercial premises; Community facilities; Educational establishments; Entertainment facilities; Function centres; ; There are many variations and possibilities for redevelopment. All developments of any kind are subject to council approvals.

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Price: Price Upon Application    Land: 360m²    Occupancy: Vacant

IMPECCABLE STRATA OFFICE - SURRY HILLS BEST CREATIVE HUB

Investment | Offices

Gunning Real Estate in conjunction with DB Property are excited to present to the market for sale by public auction this rare opportunity to secure a piece of Surry Hills most highly sought after, creative office complexes in Holt and Hart.
This 201sqm, strata title office space is at the epicenter of Surry Hills creative precinct and benefits from uncompromising finishes and building amenity. The building is anchored by a variety cafes and eateries only adding its overall appeal.
The local infrastructure is in the midst of being overhauled with the introduction of the light rail from Circular Quay to Randwick, only improving the precincts connectivity to the CBD and Eastern Suburbs.
The gentrified Prince Alfred Park is located 200m from Holt and Hart, featuring an Olympic size swimming pool, basketball and tennis courts adding to the local amenity.
The property highlights;
- 201.2sqm of NLA
- Passing income of $138,583.92
- Leased until 31st October, 2018
- Options until 2021
- 5% annual increases
- Fixed 5% review at the take up of the option
For further information or to obtain an I.M and contract of sale, please don't hesitate to contact the agents.

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Price: UNDER CONTRACT    Building: 201.2m²

VERSATILE SPACE IN CITY FRINGE LOCATION

Retail | Medical | Offices

This versatile space situated on the city CBD fringe is currently being used as a Chriropractic Office, however, would suit a variety of uses.
- 58sqm (approx.)
- DA approved for Massage
- Multiple consultation rooms
- Amenities and storage area
- Currently leased at $36,400 pa + GST
- Security parking space and storage cage also available

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Price: Price Upon Application    Building: 58m²    Land: 58m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - Surry Hills, NSW 2010

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $9641 $610 6.32%
Retail $8621 $683 7.92%
Industrial $649
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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