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55-59 Alexander Street Crows Nest, NSW 2065

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55-59 Alexander Street,
Crows Nest, NSW 2065

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SOLD AT AUCTION

  • First time offered in over 45 years
  • Prime corner freehold
  • Opposite Woolworths
Offered For Sale for the first time in 45 years, CI Australia & R&W are delighted to offer 55 - 59 Alexander Street For Sale by Public Auction commencing 10:00am on Saturday 12th August 2023 on-site.

55 - 59 Alexander Street, Crows Nest is perfectly located in the heart of Crows Nest on the corner of Alexander & Burlington Street. The property holds an enviable corner position directly opposite the Woolworths & Council Car Park development.

The location is further enhanced by its proximity to the Crows Nest Metro Station, 300m from the subject property which is expected to be operational by Q2 2024. The $20B Sydney Metro project will deliver the first fully automated metro rail system in the country, with trains set to run every 3-4 minutes, enabling efficient travel from Crows Nest to the Sydney CBD in just 7 minutes. The Metro is a game changer for Crows Nest and its arrival is already facilitating a huge transformation.
55 - 59 Alexander Street, Crows Nest is a rectangular corner site 412 sqm with a flexible MU1 Mixed Use zoning permitting shop top housing with consent. The property comprises a single level building split into a restaurant and retail shop with open air car parking to the rear. The property is fully occupied.

Properties of this calibre are few and far between.

Key Features Include:
- First time offered For Sale in 45 years
- Prime corner position
- Opposite Woolworths & Council Car Park (280 spaces)
- 300m to Crows Nest Metro (Q2 2024)
- Largest frontage faces due north
- 59m frontage with rear lane access
- 412 sqm of land
- Single level building comprising a restaurant and retail shop
- Mixed use zoning permitting shop top housing
- 10m height limit
- Flexible Opportunity: Perfect for owner occupiers and/or investors
- Excellent exposure to pedestrian and vehicle traffic
- Key position on the tightly held and prized neighbourhood
- Over 5,000 dwellings to be developed over the next 5 years
- Public transport only moments away: Bus stops approx. 100m from your doorstep

For more information or to arrange an inspection please contact the Exclusive Agents.

Property ID: 504371820Last Updated: 4 Jun 2024

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55-59 Alexander Street
Crows Nest, NSW 2065
Stanton Hillier Parker International - North Sydney
Level 7/ 2 Elizabeth Plaza
NORTH SYDNEY, NSW 2060

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