Lowry Property Group & SWPRE are delighted to offer 166 - 170 Broadway, Chippendale to the market For Sale via EOI. The property comprises a substantial corner freehold building comprising a refurbished hospitality venue on the ground floor & 9 oversized residential apartments located in the heart of Sydney surrounded by amenity including; UTS (400m), Sydney University (500m) & Central Station (600m). This property is perfectly positioned close by the Central rejuvenation whilst rental growth takes shape in the near term offering a rare chance to acquire a prime asset in one of Sydney's most coveted locales. Key Property Features: • Prime Location: Situated in the heart of Chippendale, surrounded by thriving shopping districts, prestigious universities, and efficient transport networks, ensures robust demand and convenience for residents and patrons. • Ground Floor Hospitality Venue: Highly visible, located at a pedestrian crossing and recently renovated the hospitality venue has had no expenses spared on its fit out. This venue is strategically located closeby Sydney University & UTS and is poised to benefit from the area's vibrant social scene and constant foot traffic. • Residential Units: 9 meticulously maintained and oversized residential units, designed for residents seeking quality living spaces in a dynamic urban environment. • Long Lease Security: Enjoy the stability and assurance of a secure long-term lease arrangement, providing consistent income and investment protection. • Diverse Income Streams: Multiple income sources from the ground floor retail and residential units, offers a balanced and resilient financial profile. • Potential for Value Enhancement: This property has exceptional rental reversion and provides scale to investors looking to take advantage of the current rental crisis. Oversized apartments located closeby Sydney University & UTS are highly sought after, not to mention the property's redevelopment potential (stca). Lowry Property Group & SWPRE are pleased to offer 166 - 170 Broadway, Chippendale For Sale by EOI Closing on 3pm on the 2nd of August 2024. Feel free to contact us today for more information or to arrange an inspection.
Lowry Property Group - CROWS NEST
Part Level 2, 20 Burlington Street, Crows-Nest, NSW
Sydney Wide Property - MARRICKVILLE
168 Marrickville Road, Marrickville, NSW
Property ID: 504628564