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

Powered by