187 Thomas Street,
Sydney, NSW 2000
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One of Sydney's few remaining mega sites – suitable for an iconic residential tower
- Rare Mega Site: 2,351sqm
- Redevelop into iconic residential tower
- Ability to redevelop within short term
187 Thomas Street, Sydney – provides an outstanding and rare mega site of 2,351sqm.
187 Thomas Street provides exactly what developers and investors are seeking – one of the largest sites in the dynamic southern end of the Central Business District suitable for redevelopment into an iconic tower of 23,275 sqm based upon the permissible FSR.
The site is underpinned by a fully let 10 storey office building of 8,750 sqm NLA with secure cashflow of circa $4.37m (p.a net). It provides 9 levels of office above ground floor retail across two tenancies and also includes basement parking for 92 cars and an auditorium annexe building.
The building is 88% leased to Insearch (UTS), across a single lease and vacant possession is available within the short term if desired allowing for redevelopment.
Transaction Advisor: Charter Keck Cramer
187 Thomas Street provides exactly what developers and investors are seeking – one of the largest sites in the dynamic southern end of the Central Business District suitable for redevelopment into an iconic tower of 23,275 sqm based upon the permissible FSR.
The site is underpinned by a fully let 10 storey office building of 8,750 sqm NLA with secure cashflow of circa $4.37m (p.a net). It provides 9 levels of office above ground floor retail across two tenancies and also includes basement parking for 92 cars and an auditorium annexe building.
The building is 88% leased to Insearch (UTS), across a single lease and vacant possession is available within the short term if desired allowing for redevelopment.
Transaction Advisor: Charter Keck Cramer
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Property ID: 502708938Last Updated: 15 May 2018
187 Thomas Street
Sydney, NSW 2000
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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