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Offices

401-409 Cleveland Street REDFERN, NSW 2016

Sold on 16 Nov 2012
  • Building: 1,402m²
  • Land: 809m² (0.2 acres)
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Offices in REDFERN

Prime Commercial Opportunity with High Exposure

  • Building: 1,402m²
  • Land: 809m² (0.2 acres)

Centrally located amid Surry Hills' active cafe and shopping precinct, this retail/commercial premises offers an outstanding investment prospect with numerous creative business possibilities. It features approximately 1,402sqm of lettable area and enjoys a prime 809sqm landholding on the renowned Cleveland/Crown Street corner with ease of access for customers and year-round pedestrian traffic. This is an exceptional opportunity to secure a prime commercial space with excellent tenancies in place and future scope to redevelop or upgrade and capitalise on such a central location.

$290,417pa (approximately) holding income

Two levels with open plan upper level space

Streetfront retail outlets, cafe and restaurant

Solid rental returns and current operating income

Flanked by popular eateries and supporting businesses

Excellent rental prospects and potential returns

Suited to owner occupiers, investors and developers

Approximately 1.5km from Central Station

Co-Agents
Arissa Property Group
Frank Scarf 0404 216 675
frank@arissaproperty.com.au

Building:

1,402m²

Land:

809m² / 0.2 acres

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