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Premium Investment Opportunity for Value-Add Investors and Owner Occupiers
On behalf of the Receivers and Managers of Zone Developments Pty Ltd, Danny Tony Vrkic and Daniel John O’Brien of DV Recovery Management, Savills are pleased to present, Lot 14 and Lot 16 in SP91401, and Lot 179, 180, 181, 185, 186, 187, 188 and 189 in SP72457 at 437-441 Bourke Street, Surry Hills, to market for sale via Expressions of Interest closing 3pm, Thursday 10th October 2024.
The strata lots make up part of the successful 2004 master planned mixed-use redevelopment of St. Margaret’s Hospital. The redevelopment contains 4 residential buildings ALBA, HENRY, JASPER and IVY and comprises basement parking, two (2) floors of retail and 216 apartments.
Investment Highlights:
• Strong trading Woolworths Metro supermarket with short lease tenure
• Basement parking with capacity for 66* vehicles
• Situated in Surry Hills, a vibrant and sought after suburb in Sydney’s Inner East
• Prime location with limited supermarket competition
• Conveniently located, just a short walk to Oxford Street and Sydney CBD
• Expansive ground floor retail space with prominent Bourke Street frontage
*Approximately only, we cannot guarantee the accuracy of the car parking
For Sale via Expressions of Interest closing 3pm, Thursday 10th October 2024.
Level | Tenancy | Sale Type | Price | AreaSqm | Status |
---|---|---|---|---|---|
n a | Expression of Interest | 1662.00sq m | Available |