285A Crown Street,
Surry Hills, NSW 2010
Offices • Shops & Retail • Other
Key property information
Land area
Floor area
Car spaces
Property extent
Zoning
Tenure type
Sold on
Knight Frank - Sydney
Level 22 Angel Place, 123 Pitt StreetSYDNEY, NSW 2000
285A Crown Street
Surry Hills, NSW 2010
Map of 285A Crown Street
The Premier Asset in Australia's Strongest Performing Office Market
JLL in conjunction with Knight Frank are pleased to exclusively offer for sale a 100% freehold interest in ‘Reservoir on Crown’, 285a Crown Street, Surry Hills.
This offering provides the opportunity to secure a 100% Freehold interest in one of the most prominent and best performing assets in the Sydney fringe market. Positioned at the heart of Eastern Sydney’s creative precinct on the prominent corner of Crown and Campbell Streets and occupying one of the largest sites in Surry Hills, the asset provides both security and growth; underpinned by a 6.1 year* WALE with future development upside.
Investment highlights:
• Fully leased, mixed-use (office/retail) asset institutionally redeveloped In 2009
• Three street frontages and one of only three assets in the market situated on a site area greater than 3,000 sqm*
• Future-proofed asset with a recently completed capital expenditure program
• 4.0 Star NABERS Energy Rating
• Diverse tenancy profile featuring 11 tenants across 4,727 sqm* NLA
• Protected views of the CBD – never to be built out with abundant natural light to all sides
• 6.1 year* WALE with no major near-term expiries
• $5.3m net passing income
*Approximate
‘Reservoir on Crown’, 285a Crown Street, Surry Hills is being offered via an International Expressions of Interest closing 4:00pm (AEST) Thursday 26th May, 2022.
For further information or to arrange an inspection, please contact the exclusive selling agents.
This offering provides the opportunity to secure a 100% Freehold interest in one of the most prominent and best performing assets in the Sydney fringe market. Positioned at the heart of Eastern Sydney’s creative precinct on the prominent corner of Crown and Campbell Streets and occupying one of the largest sites in Surry Hills, the asset provides both security and growth; underpinned by a 6.1 year* WALE with future development upside.
Investment highlights:
• Fully leased, mixed-use (office/retail) asset institutionally redeveloped In 2009
• Three street frontages and one of only three assets in the market situated on a site area greater than 3,000 sqm*
• Future-proofed asset with a recently completed capital expenditure program
• 4.0 Star NABERS Energy Rating
• Diverse tenancy profile featuring 11 tenants across 4,727 sqm* NLA
• Protected views of the CBD – never to be built out with abundant natural light to all sides
• 6.1 year* WALE with no major near-term expiries
• $5.3m net passing income
*Approximate
‘Reservoir on Crown’, 285a Crown Street, Surry Hills is being offered via an International Expressions of Interest closing 4:00pm (AEST) Thursday 26th May, 2022.
For further information or to arrange an inspection, please contact the exclusive selling agents.
Surry Hills, 2010 demographic data
The median household income for Surry Hills is $2,308, 11% higher than Greater Sydney's household income of $2,077. Surry Hills has a younger age profile compared to the rest of Greater Sydney (median age 35 vs 37). Property ownership data shows 55% of property owners in Surry Hills have a mortgage.
15,828
Population
$2,308 per week
Median household income
35 years
Median age
Renters
Most residents
Singles
Most households
Knight Frank - SydneyLevel 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
JLL - SydneyLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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