49-51 Goold Street,
Chippendale, NSW 2008

Knight Frank, as the exclusive selling agents, is delighted to present for sale 49-51 Goold Street, Chippendale – a rare commercial freehold investment of scale in Sydney CBD’s gentrifying fringe.

The property features a two storey freehold leased with a highly profitable bar and residence. Saga Bar, is a hidden bar within the laneways next door to Spice Alley and offers patrons an experience in itself.

- Cash flow investment, with a lease tail expiring December 2024 and a 6 month demolition clause.
- Flexible mixed use asset, with a newly renovated bar/restaurant and a first floor over sized 2 bedroom apartment
- Strategically positioned to benefit from significant future infrastructure spend happening in the surrounding precinct over the next ten years.
- Significant future development upside potential with the opportunity to transform the existing improvements into a number of uses.

For Sale via Public Auction on 10 June 2021 at Cooley Auction Centre, Level 5 of 1 Margaret Street, Sydney from 10:30am.

For more information, please contact the exclusive selling agents.