IB. Property is pleased to offer a rare opportunity in a prime Paddington location. This expansive 752sqm* warehouse-style property with a total building area of 880sqm*, across four separate lots, presents endless possibilities. Whether you're looking for commercial, residential, or redevelopment options (STCA), this unique site offers the potential to create something truly special. Located on a corner block with a northern aspect, the property is just moments from Edgecliff transport, Rushcutters Bay, and the CBD, making it a highly sought-after position in a vibrant area. Key Features: • Northern aspect with three street frontages and rear lane access to a loading dock • Secure off-street parking for 10 cars and ample storage • Fully air-conditioned and in immaculate condition, with secure tenancies • Lofty ceilings, concrete floors, and a mezzanine level • Excellent natural light due to its corner position • Kitchen and bathroom facilities on all three levels • Currently configured as a gallery with a selection of office spaces Ideal for: • Creative industries, including advertising, media, and design studios • Medical providers, with proximity to St Vincent's Hospital • Co-working spaces or corporate headquarters across two full floors • Residential redevelopment or a grand single residence (STCA) • Future expansion over the car park with potential for significant building additions (STCA) This is an exceptional opportunity to secure a versatile property with substantial potential in one of Paddington's most dynamic precincts. Expressions Of Interest Closing: Thursday, November 7th, 2024 at 4:00PM For more information, please contact the exclusive selling agents.
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Property ID: 504706464