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CBRE - Sydney

424-426 Harris Street Ultimo, NSW 2007

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424-426 Harris Street,
Ultimo, NSW 2007

Shop & Retail • Showrooms & Large Format Retail • Other

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CBRE - Sydney
Gemma Isgro
Max Silk
Nicholas Heaton

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - Sydney
424-426 Harris Street
Ultimo, NSW 2007

Map of 424-426 Harris Street

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  • Train stations within 5 km of 424-426 Harris Street, Ultimo, NSW 2007Distance
    Convention Light Rail Station394 m
    Wentworth Park Light Rail Station449 m
    Paddy's Markets Light Rail Station625 m
    Capitol Square Light Rail Station818 m
    Fish Market Light Rail Station874 m
    POWERED BY HERE ©
  • Tram stops within 5 km of 424-426 Harris Street, Ultimo, NSW 2007Distance
    Exhibition Light Rail Station177 m
    Pyrmont Bay Light Rail Station738 m
    Central Station Light Rail1 km
    Star City Light Rail Station1 km
    Rozelle Bay Light Rail Station2.4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 424-426 Harris Street, Ultimo, NSW 2007Distance
    Harris St After Quarry St31 m
    Harris St at Quarry St44 m
    Harris St After Fig St142 m
    Harris St Opp Powerhouse Museum225 m
    Powerhouse Museum, Harris St335 m
    POWERED BY HERE ©
POWERED BY HERE ©

PROMINANT CORNER FREEHOLD INVESTMENT

  • Corner Freehold With High Exposure
  • Annual Net Income of $650,000*
  • Rare opportunity in tightly held market
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

Property ID: 504089591Last Updated: 17 Aug 2022

CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000
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