Prime 3-level Mixed Use Development Opportunity

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.