Knight Frank and Adam Charles as the joint exclusive selling agent is excited to present for sale 179 Cleveland Street, Redfern; a trophy Sydney CBD fringe investment opportunity. Operating as the Hacienda Hotel, 179 Cleveland Street presents a rare opportunity to secure a high-profile commercial investment with multiple value-add opportunities. Investment Highlights: - Trophy CBD fringe freehold investment - 63 x studios plus 1 x 2 bedroom apartment - $1,352,000 p.a. net income (FY24) with scope to increase - c.1,800 sqm* commercial freehold - 12 basement car parking spaces - 350m* to Redfern train station and 900m* to Central station - Building has recently been renovated throughout - Multiple opportunities to add value. - Ideal corner land holding in a high exposure location. - Selling at replacement cost! 179 Cleveland Street, Redfern is being offered for sale via Expressions of Interest closing on Thursday, 19 September 2024 at 4:00pm (AEST). For more information or to arrange an inspection please contact the exclusive selling agents.
Knight Frank - Sydney South
Corporate Park, Suite 12G, Graphix Row, 160 Bourke Road, Alexandria, NSW
รหัสอสังหาริมทรัพย์: 504663876