Gracelands , 461 Cleveland Street,
Redfern, NSW 2016
Hotel, Motel & Leisure • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Municipality
Tenure type
Sold on
Map of Gracelands , 461 Cleveland Street
‘Gracelands’ a fully licenced Boarding House + a boutique cottage - exceptional ‘value add’ opportunity!
- Fully Licenced 10-room Boarding House
- 3-storey grand terrace + rear cottage
- Rear lane, vacant land + park 4-6 cars
We have the pleasure in offering for Sale by Auction this 3-storey grand terrace, the tallest on Cleveland Street, with panoramic views from the uppermost level to the city skyline & Sydney Tower.
Formerly known as ‘Meath House,’ a grand mansion built in the mid-1800’s and the former home of the 4-time mayor of Redfern, Patrick Stanley, it also bears another name being Illoura meaning ‘pleasant place’ in aboriginal.
Now known as ‘Gracelands’ being a fully licenced 10-room, 20-person Boarding House, with an attractive freestanding 2 storey cottage also included to the rear, plus driveway providing for up to four cars stack parked.
Features:
- Huge land 455.3m2 *
- Int. areas 373.35m2 - 296m2* terrace + 77.35m2* cottage (plus 24m2* private courtyard)
- ‘B4 Mixed Uses’ (front) and ‘R1 Residential’ (rear) – City of Sydney
- 1.25:1 FSR and a height limit of 9 metres, so latent development potential – STCA
- Excellent cash flow business opportunity at the gateway to the Eastern Suburbs and Surry Hills
- Onsite parking for 4-6 cars - absolute gold!
The premises has a solid cash flow from the Boarding House operation being offered as a 'going concern' with the cottage separately let at $750 per week till July 2019.
Inspection times:
Wednesdays - 24, 31 October and 7, 14, 21 of
November 2018 between 10:30 am to 11:30 am
Saturdays - 27 October and 3, 10, 17 of November
2018 between 10:30 am to 11:30 am
Auction (If Not Sold Prior):
Thursday 22nd November 2018 at 10:30 am
Cooley CBD Auction Centre – Dexus Place
Level 5, 1 Margaret Street, Sydney
Location:
On the southern side of Cleveland Street between South Dowling and Stanley Streets only one block from Moore Park, with rear access from Little Cleveland Street this location is prime with dynamic growth within this Surry Hills through to Redfern precinct.
An easy walk to the Entertainment Quarter, the Sydney Cricket
Ground and soon to redeveloped Sydney Football Stadium. The Surry Hills Light Rail stop at Ward Park, corner of Devonshire and Marlborough Streets will be only 650 metres away.
Formerly known as ‘Meath House,’ a grand mansion built in the mid-1800’s and the former home of the 4-time mayor of Redfern, Patrick Stanley, it also bears another name being Illoura meaning ‘pleasant place’ in aboriginal.
Now known as ‘Gracelands’ being a fully licenced 10-room, 20-person Boarding House, with an attractive freestanding 2 storey cottage also included to the rear, plus driveway providing for up to four cars stack parked.
Features:
- Huge land 455.3m2 *
- Int. areas 373.35m2 - 296m2* terrace + 77.35m2* cottage (plus 24m2* private courtyard)
- ‘B4 Mixed Uses’ (front) and ‘R1 Residential’ (rear) – City of Sydney
- 1.25:1 FSR and a height limit of 9 metres, so latent development potential – STCA
- Excellent cash flow business opportunity at the gateway to the Eastern Suburbs and Surry Hills
- Onsite parking for 4-6 cars - absolute gold!
The premises has a solid cash flow from the Boarding House operation being offered as a 'going concern' with the cottage separately let at $750 per week till July 2019.
Inspection times:
Wednesdays - 24, 31 October and 7, 14, 21 of
November 2018 between 10:30 am to 11:30 am
Saturdays - 27 October and 3, 10, 17 of November
2018 between 10:30 am to 11:30 am
Auction (If Not Sold Prior):
Thursday 22nd November 2018 at 10:30 am
Cooley CBD Auction Centre – Dexus Place
Level 5, 1 Margaret Street, Sydney
Location:
On the southern side of Cleveland Street between South Dowling and Stanley Streets only one block from Moore Park, with rear access from Little Cleveland Street this location is prime with dynamic growth within this Surry Hills through to Redfern precinct.
An easy walk to the Entertainment Quarter, the Sydney Cricket
Ground and soon to redeveloped Sydney Football Stadium. The Surry Hills Light Rail stop at Ward Park, corner of Devonshire and Marlborough Streets will be only 650 metres away.
Explore property virtually
Video
Property ID: 502995506Last Updated: 17 Jan 2019
1300 458 8...
Gracelands , 461 Cleveland Street
Redfern, NSW 2016
TGC - SydneyLevel 8, 10 Barrack Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Contact Agency
Sending email...
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.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
745-747 South Dowling Street,Redfern, NSW 2016 379 m²Hotel, Motel & Leisure • Development Sites & Land • Other
Contact Agent
137-145 Broadway,Ultimo, NSW 2007 907 m²Shops & Retail • Hotel, Motel & Leisure • Development Sites & Land