401 Crown Street Surry Hills NSW 2010

IB. Property is pleased to offer 401 Crown Street, Surry Hills for sale via public auction. This is a rare opportunity for an astute investor or owner occupier to purchase this freehold asset which has been leased for nearly 10 years to Chilli Coral lifestyle store. With the current lease expiring in January 2025 the opportunity exists for an incoming purchaser to re-lease to the premises or occupy for their own use. Very rarely do freehold shops come up for sale in this block in what is known as the 'Paris End' of Crown Street being across from the park and next to the Library.

The property is located next to Surry Hills most sought after retailers such as Messina, The Clock, Whitehorse, Maloneys, Armorica Brasserie and many more.

Key Highlights:
- 100sqm* building area
- Current tenant paying $124,800pa + GST
- Two storey building plus attic space
- Zoned mixed use
- FSR 2:1
- 9m height limit
- Short walk to light rail stop

*approximate.

Auction: Thursday, 26th September 2024 at 10:30am

For more information or to book an inspection, contact the exclusive selling agent Steffan Ippolito 0403 347 111.