197 Clarence Street,
Sydney, NSW 2000
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Map of 197 Clarence Street
Train stations within 5 km of 197 Clarence Street, Sydney, NSW 2000 Distance Town Hall Station 439 m Wynyard Station 447 m St James Station 460 m Martin Place Station 514 m Convention Light Rail Station 731 m POWERED BY HERE ©Tram stops within 5 km of 197 Clarence Street, Sydney, NSW 2000 Distance Pyrmont Bay Light Rail Station 703 m Convention Light Rail Station 731 m Star City Light Rail Station 880 m Exhibition Light Rail Station 980 m Capitol Square Light Rail Station 1.1 km POWERED BY HERE ©Bus stops within 5 km of 197 Clarence Street, Sydney, NSW 2000 Distance Clarence St at King St 39 m Clarence St at Council Pl 47 m Clarence St After Market St 95 m Sussex St After King St 109 m QVB, York St, Stand E 126 m POWERED BY HERE ©
POWERED BY HERE ©
BOUTIQUE FREEHOLD WITH UPSIDE
- Rare boutique CBD freehold
- Two sides of natural light
- Immediate value add upside
CBRE Asia Pacific Capital Markets team are pleased to present to market for sale ‘197 Clarence Street’, after over 20 years of ownership.
An incredibly unique opportunity to purchase one of Sydney CBD’s last remaining sub 500sqm boutique freehold buildings for either owner occupation and/or investment with a variety of value-add initiatives.
A six-storey, character-filled heritage asset offering 480.1sqm* of NLA, comprising lower ground & upper ground floor retail, four levels of office space, rear lane access and potential ability to construct a roof-top terrace which would feature cityscape and skyline views across Sydney Tower and other numerous Sydney icons.
Ideally situated amongst an evolving cultural precinct, the area is experiencing an influx of high-quality restaurants and contemporary bars. ‘197 Clarence’, is positioned just off the corner of one of Sydney’s busiest throughfares in King & Clarence Street and neighbouring the Grace Hotel, Merivale’s future King, York & Clarence development site and King Street’s luxury retail precinct.
Investment Highlights;
- Federation freehold asset with distinct character-filled features.
- 124sqm site area improved with a 6-storey commercial office building.
- 480.1sqm* of Net Lettable Area with a typical floor plate of 80sqm*.
- Rare rear lane access (via right of carriage way).
- Two sides of natural light.
- Ability for either owner occupation and/or investment.
- One of just a few remaining sub 500sqm freehold buildings.
- Potential change of use (STCA).
- Direct access to existing transport hubs and future Sydney Metro network.
A 100% Freehold interest in 197 Clarence Street, Sydney is being offered for sale via an International Expressions of Interest process closing Thursday 7th March 2024 at 5:00pm (AEST).
Please reach out to the exclusive agents Angus Windred, Harry George and Callum Cooke of CBRE for further information.
An incredibly unique opportunity to purchase one of Sydney CBD’s last remaining sub 500sqm boutique freehold buildings for either owner occupation and/or investment with a variety of value-add initiatives.
A six-storey, character-filled heritage asset offering 480.1sqm* of NLA, comprising lower ground & upper ground floor retail, four levels of office space, rear lane access and potential ability to construct a roof-top terrace which would feature cityscape and skyline views across Sydney Tower and other numerous Sydney icons.
Ideally situated amongst an evolving cultural precinct, the area is experiencing an influx of high-quality restaurants and contemporary bars. ‘197 Clarence’, is positioned just off the corner of one of Sydney’s busiest throughfares in King & Clarence Street and neighbouring the Grace Hotel, Merivale’s future King, York & Clarence development site and King Street’s luxury retail precinct.
Investment Highlights;
- Federation freehold asset with distinct character-filled features.
- 124sqm site area improved with a 6-storey commercial office building.
- 480.1sqm* of Net Lettable Area with a typical floor plate of 80sqm*.
- Rare rear lane access (via right of carriage way).
- Two sides of natural light.
- Ability for either owner occupation and/or investment.
- One of just a few remaining sub 500sqm freehold buildings.
- Potential change of use (STCA).
- Direct access to existing transport hubs and future Sydney Metro network.
A 100% Freehold interest in 197 Clarence Street, Sydney is being offered for sale via an International Expressions of Interest process closing Thursday 7th March 2024 at 5:00pm (AEST).
Please reach out to the exclusive agents Angus Windred, Harry George and Callum Cooke of CBRE for further information.
Property ID: 504503000Last Updated: 5 Mar 2024
197 Clarence Street
Sydney, NSW 2000
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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