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Savills - Sydney CBD

18 City Road Chippendale, NSW 2008

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18 City Road,
Chippendale, NSW 2008

Warehouse, Factory & Industrial • Offices

Key property information

Land area

Floor area

Property extent

Tenure type

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Savills - Sydney CBD
Nicholas Lower

Savills - Sydney CBD

Level 25, 1 Farrer Place
SYDNEY, NSW 2000
04142594...
Savills - Sydney CBD
18 City Road
Chippendale, NSW 2008

Map of 18 City Road

Directions

QUALITY MIXED USE WAREHOUSE BUILDING

  • Total area of 503sq m*
  • Potential annual income of $180,000*
  • Prime Street frontage of 12 metres*
The Savills NSW Metropolitan & Regional Sales Team are pleased to offer 18 City Road, Chippendale for sale by Public Auction.

Sitting in the heart of cosmopolitan inner city Chippendale, “The Warehouse off-Broadway” offers a versatile opportunity for owner occupiers & investors. Downstairs is more than 250sq m* of commercial space offering you the chance to put your stamp on it. The property had a long history as one of Sydney’s premiere Dance Studios “Bodenwieser Dance Centre” which trained many of Australia’s top dancers of the time. Upstairs offers a classic New York style penthouse apartment with high quality finishes throughout.


- Mixed-use freehold building located over two (2) levels
consisting of 503sq m* plus rooftop

- Dominant corner position with prime 12 metre* street frontage
onto City Road

- Ground floor consisting of 251.9sq m* of commercial/retail
space currently leased with potential rental upside

- Top level comprises open plan New York style apartment
offering high levels of natural light, high-quality fixture and
fittings plus extraordinary design features including an
additional self-contained apartment


- Separate ground floor entrances for the commercial and
residential properties.

- An abundance of outdoor space including large entertainment
terrace and rooftop overlooking Victoria Park and the Sydney
CBD

- Potential annual income of $180,000* with the opportunity to
invest or occupy

- Major repositioning potential strata sub-division, further
residential or commercial development including potential
parking through side lane (STCA)

- Strategically located 1.5km* from the Sydney CBD

- Directly opposite Victoria Park and centrally located around all
major universities

- Positioned only moments from Broadway Shopping Centre –
Coles, Harris Farm, JB HI-FI, Hoyts Cinemas, Target, Priceline

For Sale via Public On-Site Auction Friday 3rd May 2019 at 12:00pm (AEDT)

For further information contact the exclusive selling agents


*Approx.

Chippendale, 2008 demographic data

The median household income for Chippendale is $1,606, 23% lower than Greater Sydney's household income of $2,077. Chippendale has a younger age profile compared to the rest of Greater Sydney (median age 28 vs 37). Property ownership data shows 56% of property owners in Chippendale have a mortgage.

7,803
Population
$1,606 per week
Median household income
28 years
Median age
Renters
Most residents
Singles
Most households
Savills - Sydney CBD
Level 25, 1 Farrer Place
SYDNEY, NSW 2000

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