Prime 3-level Mixed Use Development Opportunity

101 Cleveland St, Darlington NSW 2008, Australia
    AUCTION
    • Description
    • Details
    • Inspections

    Description

    Featuring 3 street frontages, ultra-convenient location, close to universities, transport and Broadway shopping.

     

    Property overview

    – First time offered since 1984

    – Valuable corner position covering Cleveland St, Beaumont St and Vine St

    – Sunlit north/east aspect, featuring a well exposed shop front, with light filled interiors

    – Established Thai restaurant, currently let at GAR $85,071.84. Lease expires February 2019 (no option)

    – Commercial kitchen, with a delightful sunny undercover courtyard/dining area

    – Concrete tiled floors throughout the ground level, with male/female bathrooms

    – Potential off-street parking S.T.C.A, existing garage roller door with access via Vine St

    – Land size 159 sqm | Zoning B4 Mixed Use | Height limit 9 metres | GFA approx. 198 sqm

    – FSR 1.25:1 | FSR concessions granted for boarding house use

     

    Array of options to build, value add or continue to rent as a prized investment. Potential redevelopment for student accommodation, corporate headquarters, office/showroom or a secure mix of residential and commercial property.

    Set amongst Sydney’s premiere educational precinct, walking distance from UTS, Sydney University, Redfern Station, Seymour Center, Notre Dame University, Ultimo TAFE, Sydney CBD, & Broadway Shopping Centre cafes and eateries.

    Detail

    Updated on August 10, 2018 at 4:04 pm

    • Property ID: DET-5821
    • Price: AUCTION
    • Land Size: 159 m²
    • Property Type: Restaurant, Retail
    • Property Status: Commercial Auction

    Property Documents

    Inspection:

    As Advertised or by Appointment

    Thursday 23 August 2018 3:00 pm-3:30 pm

    Saturday 25 August 2018 3:00 pm-3:30 pm