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Development/Land For Sale found in REDFERN, NSW 2016

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

Properties located in the surrounding suburbs

VACANT FREEHOLD BUILDING - OCCUPY OR REDEVELOP

Development/Land

- Land area: 455sqm*
- Gross building area: 315sqm*
- Zoning: B4 mixed use
- Potential for boutique residential development
*Approx.
For sale by private treaty
Contact
Paul Hunter 0412 764 682
Gary Mason 0427 896 404

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Price Contact Agent
Land 455m²
Occupancy Vacant
Property ID 260390

5 FREEHOLD MIXED USE TERRACES

Offices | Development/Land

Rare opportunity to secure five adjoining mixed use terraces within the vibrant city fringe suburb of Darlinghurst.
- Huge patron catchment situated in the heart of the thriving Darlinghurst entertainment precinct
- Four levels of versatile accommodation including basement entertainment area, ground floor retail and two floors of creative offices
- Net lettable area of 1,308msqr
- Large 430msqr site
- B2 - Local Centre Zoning
- FSR 2.5:1 and building height of 15 metres
- Secure multi-tenanted investment leased to F45, Camp America, Darlo Drama and Cliff Dive
- Opportunity to lease or owner occupy the vacant tenancy areas which would be suitable for restaurants, retail and colleges
- Exceptional value add opportunity with potential to re-position tenancies and maximise passing rentals
- Future development potential ripe for the astute investor
This property is offer for sale via Private Treaty.
For further information or to arrange an inspection, please contact:
Jordan Lee
0435 967 245
Jordan.Lee@colliers.com
James Cowan
0425 337 691
James.Cowan@colliers.com

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Price Contact Agent
Building 1308m²
Land 430m²
Occupancy Vacant
Property ID 256690

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


COMMERCIAL FREEHOLD INVESTMENT

Investment | Development/Land

This partially leased substantial 5 level building comprises of a showroom and mezzanine ground floor, 3 levels of office space and atop floor luxury apartment with expansive city skyline views.
- Land Area 239sqm approximately
- Estimated GAR $472,840 pa
- Zoned B4 Mix uses
- 24 metre height limit
- 2 Street frontage
- Basement parking for 5 cars

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Price: Contact Agent    Land: 239m²    Occupancy: Tenanted

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

RARE INNER CITY VALUE ADD OPPORTUNITY

Development/Land

CI Australia are delighted to offer for sale 594 – 596 Crown Street, Surry Hills by Public Auction.
The site located at 594-596 Crown Street, Surry Hills presents a unique opportunity for re-developing an existing heritage building in the heart of Surry Hills.
The large site is prime for re-development given its generous planning controls and under-utilised floor space ratio. The owners have commissioned a concept by APP & WMK Architecture, endorsing the construction of 8 residences to the rear of the site in addition to the conversion of the existing heritage building into a further two residences.
This spectacular local heritage item building has been refurbished providing creative office and professional rooms for small tenants within close proximity to the Sydney CBD.
Features include:
- 529sqm site area
- B2 Local Centre zoning with 2:1 FSR
- Concept by APP & WMK Architects for 10 apartments (STCA)
- Site comprises a refurbished Federation Anglo Dutch office building
- Located 2km South East of the Sydney CBD
- Close to the Sydney Light Rail
- Estimated Fully Leased Gross Income $255,000 + GST (approx.)

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Price: Contact Agent    Building: 529m²    Land: 529m²    Occupancy: Tenanted

SUBURB PRICE GUIDE

Suburb Summary - Redfern, NSW 2016

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

Price (m²) Rent (m²) Yield
Offices $6093 $477 7.83%
Retail $8654 $398 4.60%
Industrial $300
* 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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