CBRE is pleased to present 598-610 Crown Street, Surry Hills. First time offered to market, the amalgamated development site occupies a premium Crown Street frontage within close proximity to the Sydney Light Rail Surry Hills stop. The favourably zoned consolidated 888sqm* site comprises seven shop top freehold properties in the heart of Crown Street’s retail precinct.
598-610 Crown Street, Surry Hills capitalises on the following key attributes:
• Combined land area: 888sqm*
• B2 Local Centre zoning
• Flexible development options with a 2:1 FSR and 12 metre height limit
• Currently 7 x 2 storey commercial freeholds with shop top housing
• Net passing income: $338,819 per annum*
• 200m* from incoming Surry Hills Light Rail stop and the soon to be re-developed Surry Hills Shopping Village by Toga Group with Coles supermarket continuing occupying the ground floor tenancy
• Within 1km* of Central Station and Moore Park Showgrounds
• Multiple bus routes down Crown Street connect the site to Central Station, the CBD and greater metropolitan Sydney
• Highly demanded suburb with strong growth and affluent demographic
• 1.7km* to the Sydney CBD
598-610 Crown Street, Surry Hills will be made available for sale via expressions of interest closing on Wednesday, 27 June 2018 at 4:00pm.
*Approximate