Issue 55 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

FOR SALE BY EOI

72 80

Abercrombie Street, CHIPPENDALE

KEY SELLING HIGHLIGHTS

Bluechip investment securely leased to the University of Sydney until March 2028.

• • • • • •

Future redevelopment upside Large site area of 887m2

Building Area 1,700m2 6 x car parking spaces

LARGE FREEHOLD COMMERCIAL WAREHOUSE LEASED TO SYDNEY UNI

Current Net Rent $1,044,785 + GST

3 Street frontage

• Located next to Central Park and moments to the Sydney CBD

*All figures are approximate

IB. Property is pleased to present 72- 80 Abercrombie Street, Chippendale, a bluechip investment and future re- development opportunity securely leased to the University of Sydney until March 2028. This prime property boasts a large site area of 887m² with a substantial building area of 1,700m², featuring 6 x car spaces. The property generates a current net rent of $1,044,785 per annum plus GST. It offers excellent accessibility with a three-street frontage and is strategically located next to Central Park and just moments from the Sydney CBD.

72-80 ABERCROMBIE STREET, CHIPPENDALE WILL BE FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING ON THURSDAY, SEPTEMBER 5TH, 2024 AT 4:00PM.

STEFFAN IPPOLITO M 0403 347 111 E steffan@ibproperty.com.au

August / September 2024 – 35

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