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651 George Street
Haymarket NSW 2000
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651 George Street Haymarket NSW 2000

  • Shop & Retail
  • 191 m²
  • Commercial Auction

UNIQUE CBD FREEHOLD BUILDING, DUAL STREET FRONTAGES, PRIME LOCATION WITH DEVELOPMENT UPSIDE

    We are pleased to present 651 George Street, Haymarket.

    651 George Street, Haymarket is an exceptional opportunity in the heart of CBD. Featuring dual street frontages to George and Sussex Streets, this 100% freehold property boasts favourable planning controls with 1,432.5 sqm* potential GFA.

    • Rare 100% freehold interest with premier George Street and Sussex Streets frontages
    • Favourable planning controls: 7.5:1 FSR, 50m height limit
    • 191sqm* site, 1,432.5 sqm* GFA potential, existing income
    • A development application for a 42 room boutique hotel, with commercial/retail space on the ground floor, is being prepared for final submission to the City of Sydney Council. A copy of the full DA package will be provided upon request
    • Adjacent to Chinatown Light Rail Station, high pedestrian traffic
    • Rare opportunity with flexible value-add potential
    • Positioned for investment in the Tech-Central & Darling Harbour Precinct and the City of Sydney has unveiled a $44 million Haymarket revamp plan, creating a prime opportunity for forward-looking investors
    • Located at the exclusive end of Chinatown - the NSW government has committed over $3.4 billion to develop exciting new infrastructure and transport hubs, including the Darling Harbour line, Town Hall Metro line, the new Central Metro station & the light rail.

    Phillip Elmowy
    0425 285 444
    p.elmowy@rwcss.com

    John Skufris
    0414 969 221
    j.skufris@rwcss.com

    Co-Agent:
    Steve Kremisis
    0414 818 317
    steve.kremisis@raywhite.com

    *Approximately

    AUCTION

    Auction date and time13/11/2024 10:30
    Auction locationRay White Corporate, Level 7, 44 Martin Place, Sydney NSW 2000

    Property Highlights

    Floor Area191 m²
    Land Area191 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019547501
    Category
    Last updated  18 Oct 2024
    Map for 651 George Street Haymarket NSW 2000

    Nearest transport* to 651 George Street Haymarket NSW 2000

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    Property Highlights

    Floor Area191 m²
    Land Area191 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019547501
    Category
    Last updated  18 Oct 2024

    Co-Agents

    Phillip Elmowy
    Ray White Commercial South Sydney
    Call
    0425 285 444
    John Skufris
    Ray White Commercial South Sydney
    Call
    0414 969 221
    Steve Kremisis
    Ray White Dulwich Hill | Marrickville
    Call
    0414 818 317

    More about 651 George Street Haymarket NSW 2000

    651 George Street Haymarket NSW 2000 is categorized as Shop & Retail Property. It has a floor area of 191 m² and a land area of 191 m². The listing ID for this property is 2019547501.

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