49-51 Goold Street,
Chippendale, NSW 2008
Development Sites & Land • Hotel, Motel & Leisure • Offices
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Knight Frank - Sydney
Level 22 Angel Place, 123 Pitt StreetSYDNEY, NSW 2000
49-51 Goold Street
Chippendale, NSW 2008
Map of 49-51 Goold Street
Rare Chippendale Freehold Investment with Upside
- Established tenancy profile
- Strong income stream
- Development upside with demo clause
Knight Frank, as the exclusive selling agents, is delighted to present for sale 49-51 Goold Street, Chippendale – a rare commercial freehold investment of scale in Sydney CBD’s gentrifying fringe.
The property features a two storey freehold leased with a highly profitable bar and residence. Saga Bar, is a hidden bar within the laneways next door to Spice Alley and offers patrons an experience in itself.
- Cash flow investment, with a lease tail expiring December 2024 and a 6 month demolition clause.
- Flexible mixed use asset, with a newly renovated bar/restaurant and a first floor over sized 2 bedroom apartment
- Strategically positioned to benefit from significant future infrastructure spend happening in the surrounding precinct over the next ten years.
- Significant future development upside potential with the opportunity to transform the existing improvements into a number of uses.
For Sale via Public Auction on 10 June 2021 at Cooley Auction Centre, Level 5 of 1 Margaret Street, Sydney from 10:30am.
For more information, please contact the exclusive selling agents.
The property features a two storey freehold leased with a highly profitable bar and residence. Saga Bar, is a hidden bar within the laneways next door to Spice Alley and offers patrons an experience in itself.
- Cash flow investment, with a lease tail expiring December 2024 and a 6 month demolition clause.
- Flexible mixed use asset, with a newly renovated bar/restaurant and a first floor over sized 2 bedroom apartment
- Strategically positioned to benefit from significant future infrastructure spend happening in the surrounding precinct over the next ten years.
- Significant future development upside potential with the opportunity to transform the existing improvements into a number of uses.
For Sale via Public Auction on 10 June 2021 at Cooley Auction Centre, Level 5 of 1 Margaret Street, Sydney from 10:30am.
For more information, please contact the exclusive selling agents.
Property ID: 503496082Last Updated: 9 Aug 2021
Knight Frank - SydneyLevel 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Knight Frank - Sydney SouthCorporate Park, Suite 12G, Graphix Row, 160 Bourke Road
ALEXANDRIA, NSW 2015
ALEXANDRIA, NSW 2015
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56 City Road,Chippendale, NSW 2008 177 m²Hotel, Motel & Leisure • Offices • Development Sites & Land
