CBRE as the exclusive sales agents are pleased to present to market, 424-426 Harris Street, Ultimo. Tenanted by Le' Culinaire Hospitality Institute, it is a well established hospitality school with approximately 860 students attending the campus annually. With a large gross floor area of 830sqm*, 424-426 Harris Street provides a fantastic, tenanted investment in Sydney’s premier educational hub with development upside (STCA).

424-426 Harris Street benefits from the following key attributes:

- Securely leased to Le’ Culinaire Hospitality Institute with an appealing net income of $650,000*
- 5 + 5 year lease, 4% annual rental increases with demolition clause flexibility
- Currently configured as a four-storey licensed café/kitchen with office above
- Expansive street frontages to both Harris Street (11.4m*)
and Quarry Street (20.2m*)
- Flexible planning controls provide a magnitude of refurbishment or development & upgrade opportunities (STCA)
- Side street access via Quarry Street with 3 on-site car spaces and 2 loading docks
- Proximity to landmark locations including ICC Sydney (450m*), Darling Harbour (450m*), University of Technology Sydney (700m*), TAFE NSW (700m*), Broadway (1.2km*) Central Station (1.5km*) and Sydney CBD (1.8km*)
- Easy walk to bus stops (30m*) and light rail station (175m*), providing express services to greater transport network

424-426 Harris Street, Ultimo is for sale by Private Treaty.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approximate