UNIQUE CBD FREEHOLD BUILDING, DUAL FRONTAGES, PRIME LOCATION WITH DEVELOPMENT UPSIDE
651 George Street, Haymarket NSW 2000
Last Asking Price - $9,000,000
RetailSize: n/a
Block size: 191 m² approx.
Ray White Commercial South Sydney & Ray White Dulwich Hill are pleased to present 651 George Street Haymarket.
651 George Street, Haymarket, in the heart of the Golden Triangle, is an exceptional opportunity featuring dual frontages to George and Sussex Streets, this 100% freehold property boasts favorable planning controls with 1,432.5 sqm* potential GFA. Approved mixed-use development, ideal location, & high exposure retail.
• Rare 100% freehold interest with premier George Street and Sussex Streets frontages • Favorable planning controls: 7.5:1 FSR, 50m height limit • 191 sqm* site, 1,432.5 sqm* GFA potential, existing income • Approved mixed-use development: 16 apartments plus prime ground-floor retail • Student accommodation, co-living space, boutique hotel, boarding house potential S.T.C.A for 42 Rooms and prime retail • Owner-occupiers & various users for upper commercial floors • Adjacent to Chinatown Light Rail Station, high pedestrian traffic • Rare opportunity with flexible value-add potential • Positioned for investment in the Tech-Central, Darling Harbour Precinct, and the City of Sydney which has unveiled a $44 million Haymarket revamp plan, creating a prime opportunity for forward-looking investors • Located at the exclusive end of Chinatown - the NSW government has committed over $3.4 billion to build exciting new infrastructure and transport hubs, including Darling Harbour line, Town Hall Metro line and the new light rail
For more information or to book an inspection, feel free to get in touch with the exclusive selling agents, Ray White Commercial South Sydney & Ray White Dulwich Hill.
Co-Agent: Steve Kremisis - Ray White Dulwich Hill 0414 818 317 steve.kremisis@raywhite.com
*Approximately
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A block's planning zone defines how that land can be used and what can be built on it.
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Property history
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02 Mar 2024
Sold
Ray White Commercial South Sydney
Listed: 04/10/2023
Block size: 191m²
Transfer type: Full transfer
Haymarket suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
30 years
Population
8,305
Listing ID: 181974917. This listing has been viewed 3 times. It was first displayed on 04/10/2023 and last updated on 02/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.