Share this property
CBRE - Sydney

549 Harris Street Ultimo, NSW 2007


549 Harris Street,
Ultimo, NSW 2007

Offices • Other

Price information


Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type


Sold on

CBRE - Sydney
Kenny Duncanson

CBRE - Sydney

Level 21, 363 George Street
CBRE - Sydney
549 Harris Street
Ultimo, NSW 2007

Map of 549 Harris Street


A compelling value-add opportunity in Sydney's dynamic City Fringe market

JLL in conjunction with CBRE are pleased to present 549 Harris Street, Ultimo - a compelling value-add opportunity in Sydney’s dynamic City Fringe market.

Currently operating as a Data Centre and 100% leased until September 2024, the asset presents multiple future propositions including significant rental reversion, next-generation office or last mile logistics redevelopment (STCA).

Ultimo is set to benefit from infrastructure projects underpinned by a Government endorsed planning strategy focused on the transformation of the precinct.

Key investment highlights include:
• Existing 4 storey asset comprising 5,604sqm* GLA with upper levels views of Sydney CBD
• Situated on a significant, regular shaped site of 1,341sqm* and zoned B1 Neighbourhood Centre
• Reposition into creative office, modern Data Centre or last mile logistics centre
• Currently operating as a Data Centre and leased until 2024 with no further Options
• Directly opposite Sydney's Powerhouse Museum, set to be transformed into a $480m Fashion & Design hub led by NSW Govt.
• Passing net income of $2.06m* ($368psm*) provides genuine rental growth opportunity
NABERS RATINGS; Exempt - due to current use

100% freehold interest in 549 Harris Street, Ultimo is being offered by International Expressions of Interest closing 3:00pm (AEDT) Thursday 31st March, 2022.

For further information or to arrange an inspection, please contact the exclusive selling agents.

Explore property virtually

Property ID: 504019199Last Updated: 16 Apr 2023

CBRE - Sydney
Level 21, 363 George Street
progress tick

Sending email...

Make an enquiry

What's your enquiry about?


Enter your details

Name (required)
Email address (required)
Phone number

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from CBRE - Sydney

Other properties you might be interested in based on the location and property type you are looking at.