SUBURB PRICE GUIDE

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Development/Land For Sale found in SURRY HILLS NSW 2010

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

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 - 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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