Share this property

realcommercial.com.au
Colliers - Sydney

429A Pitt Street Haymarket, NSW 2000

Directions

429A Pitt Street,
Haymarket, NSW 2000

Offices • Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Zoning

Municipality

Tenure type

Sold on

Colliers - Sydney
Miron Solomons
Matt Pontey

Colliers - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
Colliers - Sydney
429A Pitt Street
Haymarket, NSW 2000

Map of 429A Pitt Street

Directions

RARE FREEHOLD CITY FRINGE DEVELOPMENT OPPORTUNITY

  • Ultra-convenient and connected position
  • Significant development upside
  • Demolition clauses enables flexibility
Stonebridge Property Group and Colliers are pleased to present 429A Pitt Street, Haymarket, a rare freehold development site offering significant upside and an attractive holding income, located within the emerging Southern Sydney CBD Precinct.

The key highlights of the opportunity include:

- High-profile coveted position on Pitt St, improved with fully occupied three level strip retail building
- Rare freehold title and developable CBD site within walking distance to public transport links
- Favourable B8 zoning with 8:1 FSR permits development up to 175m and c.240% uplift in GFA*
- Demolition clauses for all tenants secures the development opportunity
- Central Precinct – new mixed-use urban precinct set to rejuvenate Haymarket and surrounds
- Estimated net operating income of $363,087 p.a. + GST**

*STCA
**As at 1-Dec-22

429A Pitt Street, Haymarket is For Sale via Auction to be held on Thursday 1st December 2022 at 10:30AM (AEDT).

For further information, please contact the appointed agents.

Property ID: 504189327Last Updated: 25 Jan 2023

Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Colliers - Sydney

Other properties you might be interested in based on the location and property type you are looking at.