Fully Leased Freehold Asset in Sydney's Tightest Commercial Market
Address
17-21 Bellevue Street, SURRY HILLS NSW 2010
Size
Total Area: 1387 m2
Details
I.B Property as the exclusive sale agents are delighted to present 17-21 Bellevue Street, Surry Hills for Sale by way of an Expression Of Interest Campaign closing on Friday 18th of March at 4pm.
This unique and substantial offering provides a purchaser an opportunity to secure a risk averse asset with huge rental growth potential in arguably Australia’s hottest commercial market.
Built in 1973 and owned by the one family for almost 36 years, the building consists of ground level and five commercial floor plates with a communal roof top, lower ground parking & loading dock facilities.
17-21 Bellevue Street is fully leased with favourable lease structures for a purchaser looking for a value add investment.
The current vendor has undertaken significant capital expenditure in recent years refurbishing the floors, lobby and rooftop, allowing purchasers to capitalize on the rental reposition with minimal to no further capital expense.
The building features:
– 1387sqm GFA over six levels
– 8 car spaces
– Rooftop entertaining terrace
– 4 x 257sqm floorplates
– 1 x 144sqm and 1 x 122sqm floorplates
– Ground floor communal boardroom
Location
The building is ideally positioned in the heart of Surry Hill’s thriving commercial district in close proximity to Central Station and Sydney’s Infrastructure Core.
It benefits from being surrounded by Surry Hills thriving cafe and bar scene, whilst being located just 300m* from Central Station and the government backed innovation precinct dubbed ‘Tech Central’.
Please contact the exclusive agents for an IM and time to arrange a private tour of the building.
Shane Blackett
0410 093 392
Will Dawson
0499 102 034
