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Development/Land For Sale found in DARLINGHURST, NSW 2010

MANOR HOUSE; BOUTIQUE HOTEL WITH DEVELOPMENT UPSIDE

Development/Land

Centrally located on the Sydney city fringe, this boutique hotel presents rare development potential as well as providing a passive income from 18 hotel rooms or potential for residential conversion and add additional units (STCA).
'The Manor' features character filled palatial rooms of large proportions and is ideally located in the thriving Darlinghurst precinct near Taylor Square. and is minutes from the City CBD and Oxford Street Shopping Strip. Buses frequent the area with transport to CBD, Bondi Junction and along Anzac Parade through the Eastern Suburbs.
- 771sqm approximately
- Two Street frontages
- Mixed Use B4 Zoning; 2:1 FSR; 15m height limit
- Currently being used as a boutique hotel
- Ideal for residential conversion and add STCA
- Excellent opportunity awaits to recreate this prime property holding

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Price: Contact Agent    Land: 771m²    Occupancy: Vacant

Properties located in the surrounding suburbs

BLOCK OF 8 APARTMENTS OFFERED IN ONE LIN...

Development/Land | Other

A rare and unique investment opportunity, this block of 8 Art Deco apartments is offered for sale in one line. Occupying a premier 949sqm* parcel of land. ‘Milroy Court’ enjoys one of Kensington’s most coveted, leafy settings, just a short stroll to the East Village shopping complex offering a multitude of dining and entertainment options. Its location in this exclusive eastern suburbs enclave close to the forthcoming light rail and close proximity to Moore park and UNSW ensures demand will amongst tenants for these residential offerings.
KEY FEATURES
- Large land parcel with future scope for development (STCA)
- Mix of newly renovated apartments and some with original features
- Large private common garden with leafy setting
- Eight units all 77sqm* floor area with 5 parking spaces in complex
- R3 - Medium Density Residential (Randwick LEP 2012)
- Complex currently has a Strata Title in place
- Scope exists to simply freshen up some of the existing apartments and reap strong rental returns or possibly redevelop this prized site to capitalise on the booming Kensington Market (STCA).
Units 1-8, 2A
Milroy Avenue, Kensington NSW is being sold by Public Auction on Thursday 26 October 2017 10:30am at Cooley Auction, Level 5, 1 Margaret Street, Sydney. For further information, please contact listing agent: TOM BARNIER tom.barnier@cushwake.com 0499 888 024 or JAMES LINACRE james.linacre@cushwake.com 0405 554 825 *approximately

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Price: Contact Agent    Building: 616m²    Land: 949m²    Occupancy: Vacant

STAGE 1 DA APPROVED SYDNEY HOTEL DEVELOP...

Investment | Hotel/Leisure | Development/Land

JLL Hotels and Hospitality Group and Colliers International have been exclusively appointed to offer for sale 410 Pitt Street, Sydney.
Property features and investment highlights include:
• Stage 1 DA for an indicative 178 room, 31-storey Hotel development with GFA of 4,830sqm significantly streamlining the development process
• Rare freehold offering in one of the most sought after hotel markets in Asia Pacific with limited new supply and excellent trading fundamentals
• Sydney is poised for future growth with a strong outlook and unprecedented infrastructure expenditure
• Prime Sydney CBD location in close proximity to major demand generators including Darling Harbour, Sydney International Convention and Exhibition Centre, Barangaroo and Chinatown precinct
• Highly accessible to transport links, a short walk to Central Station, the future Pitt Street Metro Station and China Town Light Rail stop
• Flexibility over operating structure, branding and market positioning providing an opportunity to obtain a flagship in the tightly held Sydney hotels market
• Arguably one of the last development opportunities of its kind to come to market, as
proposed planning controls may restrict development above 55 meters for sites less than 800sqm The sale of 410 Pitt Street represents an opportunity to gain a rare foothold in the increasingly limited, yet globally sought after Sydney hotel market. For Sale by Expressions of Interest closing Thursday 12 October 2017

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Price: Contact Agent    Building: 4830m²    Land: 342m²    Occupancy: Tenanted

VACANT 'INNER CITY' BLOCK OF LAND

Development/Land

Wide 5 metre frontage block of vacant land, total land area approximately 120 sqm. First time offered for sale since 1988. This is a rare opportunity to acquire a good size block of vacant land in an extremely convenient location just moments from Redfern Railway Station, Sydney University, lovely Victoria Park and swimming pool, Broadway Shopping Centre, fabulous Central Park and Railway Square. Situated in an area with lots and lots of future potential. A unique site with many possibilities subject to approval by the Council of the City of Sydney.

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Price: SOLD @ AUCTION    Land: 120m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - Darlinghurst, NSW 2010

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

Price (m²) Rent (m²) Yield
Offices $7674 $585 7.62%
Retail $7394 $641 8.66%
Industrial $404
* 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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