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Savills - Sydney CBD

3 Little Queen Street Chippendale, NSW 2008

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3 Little Queen Street,
Chippendale, NSW 2008

Offices • Shops & Retail • Development Sites & Land

Key property information

Land area

Floor area

Property extent

Zoning

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
3 Little Queen Street
Chippendale, NSW 2008

Map of 3 Little Queen Street

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Iconic Inner City Freehold Building

  • Built as a Gothic Revival Style Church
  • Current Net Rental: $117,300pa*
  • B4 Mixed Use Zoning
*** Open for Inspection on Wednesday from 1pm to 1:30pm each week until 24 March 2021 ***

Savills NSW Metropolitan Sales & Asia Markets are pleased to present 3 Little Queen Street for sale. The property presents a unique opportunity to acquire Sydney City's original Mission Hall perfectly positioned in the heart of Chippendale.

3 Little Queen Street comprises a two level commercial building currently used as office accommodation totaling 200sq m* on a 115sq m* site. The property benefits from favourable B4 Mixed Use Zoning allowing flexibility for a range of future commercial or residential uses.

Investment Highlights:
- 3 + 3 year lease
- Current net rental: $117,300pa*
- Tenant: Scoundrel Films
- Fixed 3% annual increases
- Favourable B4 Mixed Use Zoning
- Built in a Gothic revival style church which has been deconsecrated and renovated to a high standard
- Strong Sydney City Fringe location in an area that has undergone extensive regeneration
- Ideally situated a short walk from Central Park, Kensington Street and Abercrombie Street, all of which are home to a wealth of renowned retailers
- Close to public amenities, restaurants, cafes and transport infrastructure including Central Station and the new light rail
- Chippendale is packed with culture and educational infrastructure with Judith Nielsen's White Rabbit Gallery, Sydney University, Broadway Shopping Centre, UTS, Notre Dame University, TAFE NSW and Central Station all in walking distance.

For sale via on-site Public Auction on Wednesday 31st March at 11am.

For further information contact the exclusive agents below:


*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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