This is a rare opportunity to secure a high-profile mixed-use property on one of Sydney's busiest thoroughfares, in the heart of Haymarket. Boasting versatility, prime frontage, and recent renovations, this property offers dual-use potential that caters to both commercial and residential markets. With its strategic location near Central Station and Chinatown, it is perfectly positioned to capitalize on the vibrant flow of tourists, students and local residents.
Key Property Features:
Ground Floor:
* Spacious layout ideal for a restaurant, café, retail shop or other hospitality ventures.
* Prominent George Street frontage, offering high visibility to foot and vehicular traffic.
* Modern interiors following recent renovations, ensuring an inviting space for tenants and customers.
* Lift access in the building.
Upper Levels:
* Perfect for residential use, adding potential rental income.
* Flexible for short-term stays or staff housing.
* Separately accessible, allowing ease of management and privacy between tenancies.
Location Highlights:
* Prime George St exposure: One of Sydney's busiest streets, ensuring significant traffic flow.
* Transport Hub: A few minutes' walk from Central Station, offering seamless connections across Sydney.
* Nearby Chinatown: Access to vibrant retail, dining, and cultural attractions.
* Surrounded by universities, colleges and close proximity to Chinatown, driving consistent demand for dining and accommodation options.
Why This Property Stands Out?
This property's dual potential appeals to investors seeking long-term capital growth and income flexibility. It also offers an ideal setup for owner-operators looking to combine a hospitality business with on-site accommodation. The recent renovations ensure the space is move-in ready, making it easy to attract tenants or start operations without delay.
Whether you want to open a restaurant with high pedestrian exposure or lease the residential space for additional cash flow, 771-773 George St presents limitless opportunities.
Outgoings: Council Rates: $15,880
Water: $1,096.64
Land Tax: $17,236 as of 2023
Opportunities to own a property with this level of visibility, flexibility, and location prestige are rare.
Contact us today to arrange a private viewing and explore the full potential of this exceptional asset.
DISCLAIMER: The particulars and photographs shown on this advertisement are supplied for information only and shall not be taken as a representation in any respect on financial or decisions made by you on the basis of information contained. Henson Properties urges you to physically inspect the property prior proceeding with any final decision. Henson Properties reserves the right to make changes, modifications, additions, deletions and corrections to the web site, at any time and without notice.
