Issue 40 | The Property Development Review

Property Listings – NSW

RARE CENTRAL SYDNEY DEVELOPMENT OPPORTUNITY 806-812A George Street, Sydney NSW

EXPRESSION OF INTEREST Closing Thursday 20 April, 2023 at 4pm

Nic Simarro 0403 005 776 nic.simarro@htlproperty.com Andrew Jackson 0405 355 972 andrew.jackson@htlproperty.com Victor Sheu 许博超 0412 301 582 victor.sheu@raywhite.com

• Central Sydney development opportunity • B8/SP5 Metropolitan Centre zoning (7.5:1 FSR & 50m HOB) • Dual Street access to George Street and St Laurence Lane • Located within Sydney’s newly proposed $3b Tech Hub

• Within 250m* of Sydney Central Train Station and Haymarket Light Rail • Favourable zoning support hotel, student accommodation, commercial and residential (STCA) • Significant 573.60sqm* freehold land parcel *Approx.

Fully leased investment with development upside metres to Rockdale railway station 23-25 Frederick Street, Rockdale

• Refurbished 2 level commercial building with basement security parking for 22 cars • Three (3) street frontages to Frederick Street, Waltz Lane and Frederick Lane • Conveniently located approx 100 meters to both Rockdale Railway Station and bus interchange providing easy access to airport and City. • Rockdale is conveniently located approximately 13 kilometers South of Sydney Central Business District and short distance to Brighton Le Sands and Botany Bay

Ray White Hurstville are pleased to offer this rare opportunity to acquire a fully leased investment with the opportunity to “Value Add” by lodging a Development Application for a mixed-use commercial /residential development. • Fully leased investment with a combined gross annual rental of $403,787 (approx.) • Level 1 leased to “Cardno” an ASX listed public company • Total Site Area of 995.50 sqm (approx.) • Total Building Area 1,543 sqm (approx.) excluding common areas • Zoned “B2 Local Centre” under Bayside Council LEP 2021 • Current 25 Meter Heigh Limit with unlimited FSR

Christopher Munk - 0419 442 620

Being sold via Expressions of Interest closing Friday 28 April 2023 at 5.00 pm.

44 –March / April 2023

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