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Savills - Sydney CBD
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55-59 Regent Street Chippendale, NSW 2008

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For Sale - Expression of Interest

55-59 Regent Street Chippendale, NSW 2008

Offices • Development Sites & Land • Hotel & Leisure
Sale Price

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Land area

911.0m²

Floor area

4042.0m²

Car spaces

8

Parking info

Under Cover Lock Up Parking

Property extent

Whole

Tenure type

Tenanted Investment

Commercial Office Building with Redevelopment and Value-Add Potential

  • Total Area of 4,042sq m*
  • Large Site Area of 911sq m*
  • 100% Freehold Interest
*** Inspect Tuesday 11am - 11.45am ***

• 100% freehold interest
• Total area of 4,042sq m* upon a large site area of 911sq m*
• 100% leased asset to educational provider, Education Centre of Australia
• 2.34 year WALE (by income)
• Six (6) month demolition clause
• Strong rental reversion opportunity
• Triple frontage to Regent, Outram and Kensington Streets totalling 96m*
• DA submitted to council for a 91 room hotel conversion (STCA)
• Strong Sydney city fringe location in an area that has undergone extensive regeneration
• Close to public amenities, restaurants/cafes and transport infrastructure including Central Station and the new light rail

For Sale via Expressions of Interest closing Thursday the 18th of July at 2.00pm.

Part of the Premium Sydney Inner City Portfolio - Assets to be offered individually, in any combination or in one line.



*Approx.

Property ID: 503227814Last Updated: 12 Jul 2019

Savills - Sydney CBD
55-59 Regent Street
Chippendale, NSW 2008
Tim Grosmann
David Hickey
Tom Tuxworth
Jordan Lee

Savills - Sydney CBD

Level 25, 1 Farrer Place
SYDNEY, NSW 2000

Agency contacts

Savills - Sydney CBD

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Savills - Sydney CBD

Level 25, 1 Farrer Place
SYDNEY, NSW 2000
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Tim Grosmann

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Tim Grosmann
Savills - Sydney CBD
55-59 Regent Street Chippendale, NSW 2008

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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