IB. Property is pleased to offer a rare opportunity in a prime Paddington location. This expansive 752sqm* warehouse-style property with a total building area of 880sqm*, across four separate lots, presents endless possibilities. Whether you're looking for commercial, residential, or redevelopment options (STCA), this unique site offers the potential to create something truly special.
Located on a corner block with a northern aspect, the property is just moments from Edgecliff transport, Rushcutters Bay, and the CBD, making it a highly sought-after position in a vibrant area.
Key Features:
Northern aspect with three street frontages and rear lane access to a loading dock
Secure off-street parking for 10 cars and ample storage
Fully air-conditioned and in immaculate condition, with secure tenancies
Lofty ceilings, concrete floors, and a mezzanine level
Excellent natural light due to its corner position
Kitchen and bathroom facilities on all three levels
Currently configured as a gallery with a selection of office spaces
Ideal for:
Creative industries, including advertising, media, and design studios
Medical providers, with proximity to St Vincent's Hospital
Co-working spaces or corporate headquarters across two full floors
Residential redevelopment or a grand single residence (STCA)
Future expansion over the car park with potential for significant building additions (STCA)
This is an exceptional opportunity to secure a versatile property with substantial potential in one of Paddington's most dynamic precincts.
Expressions Of Interest Closing: Thursday, November 7th, 2024 at 4:00PM
For more information, please contact the exclusive selling agents.