Prime 3-level Mixed Use Development Opportunity

  • SOLD $1,750,000
101 Cleveland St, Darlington NSW 2008, Australia
Sold

Prime 3-level Mixed Use Development Opportunity

101 Cleveland St, Darlington NSW 2008, Australia
  • SOLD $1,750,000

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.

Property Documents

Floorplan

Details

Updated on January 23, 2019 at 8:10 am
  • Property ID: DET-5821
  • Price: SOLD $1,750,000
  • Land Area: 159 m²
  • Property Type: Restaurant, Retail
  • Property Status: Sold

Overview

Property ID: DET-5821
  • Restaurant, Retail
  • Property Type

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Dominic D’Ettorre
  • Dominic D’Ettorre