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Knight Frank - Sydney South

179 Cleveland Street Redfern, NSW 2016

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179 Cleveland Street,
Redfern, NSW 2016

Hotel, Motel & Leisure

Price information

Sale - Expression of Interest closing Thu 19 Sep

Contact Agent

Key property information

Land area

Floor area

Car spaces

Parking info

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$1,352,000

Expression of Interest

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Private inspections

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Knight Frank - Sydney South
Demi Carigliano
Anthony Pirrottina

Knight Frank - Sydney South

Corporate Park, Suite 12G, Graphix Row, 160 Bourke Road
ALEXANDRIA, NSW 2015
Knight Frank - Sydney South
179 Cleveland Street
Redfern, NSW 2016

Map of 179 Cleveland Street

Directions
  • Train stations within 5 km of 179 Cleveland Street, Redfern, NSW 2016Distance
    Redfern Station362 m
    NSW Trainlink757 m
    Waterloo Station830 m
    Central Station847 m
    Paddy's Markets Light Rail Station1 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 179 Cleveland Street, Redfern, NSW 2016Distance
    Central Chalmers Street830 m
    Central Station Light Rail927 m
    Surry Hills1 km
    Paddy's Markets Light Rail Station1 km
    Capitol Square Light Rail Station1.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 179 Cleveland Street, Redfern, NSW 2016Distance
    Cleveland St at Hart St90 m
    Cleveland St at Balfour St114 m
    Cleveland St at Beaumont St385 m
    Redfern Railway Station398 m
    Regent St After Redfern St423 m
    POWERED BY HERE ©
POWERED BY HERE ©

High Profile CBD Fringe Accommodation Investment

  • Trophy CBD fringe freehold investment
  • 63x studios plus 1x 2 bedroom apartments
  • $1,352,000 p.a. net income (FY24)
Knight Frank and Adam Charles as the joint exclusive selling agent is excited to present for sale 179 Cleveland Street, Redfern; a trophy Sydney CBD fringe investment opportunity.

Operating as the Hacienda Hotel, 179 Cleveland Street presents a rare opportunity to secure a high-profile commercial investment with multiple value-add opportunities.

Investment Highlights:
- Trophy CBD fringe freehold investment
- 63 x studios plus 1 x 2 bedroom apartment
- $1,352,000 p.a. net income (FY24) with scope to increase
- c.1,800 sqm* commercial freehold
- 12 basement car parking spaces
- 350m* to Redfern train station and 900m* to Central station
- Building has recently been renovated throughout
- Multiple opportunities to add value.
- Ideal corner land holding in a high exposure location.
- Selling at replacement cost!

179 Cleveland Street, Redfern is being offered for sale via Expressions of Interest closing on Thursday, 19 September 2024 at 4:00pm (AEST).

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

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If you'd like to inspect this property in person, please to arrange a private inspection.

Property ID: 504663876Last Updated: 9 Sep 2024

Knight Frank - Sydney South
Corporate Park, Suite 12G, Graphix Row, 160 Bourke Road
ALEXANDRIA, NSW 2015
ADAM CHARLES - PYRMONT
4.04/55 Miller Street
PYRMONT, NSW 2009

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