TGC are excited to present 32-36 City Road Chippendale to market.
A landmark freestanding asset, widely recognised as the Toby's Estate Building, encompassing a blue-chip tenanted asset with a flexible reposition or development twist.
The double height freestanding retail/office/warehouse begins in the newly refurbished Toby's Estate flagship café. Designed to provide an interactive customer experience with a focus on preparation, quality and taste.
The recent improvements to the café provide a glass backdrop to the warehouse area where Toby's Estate operates their only roastery in Australia.
The 951.3 sqm (approx.) offering is complete with a modern mezzanine office, boardroom, kitchen and breakout area above the café and a coffee lab mezzanine with training room at the rear.
THE OPPORTUNITY
Rare City Fringe freestanding building with B4 zoning
Current income $297,445.35 p.a. with annual increases and reversionary potential
Rear lane pedestrian access and driveway at the front with loading dock
Abundance of natural light throughout and overlooking Victoria Park
Occupied by Toby's Estate - a world leader in coffee
Brand new cafe, highly productive roastery warehouse, new office and coffee lab
Fantastic City Fringe location, near Broadway Shopping Centre and Central Park
Within the education precinct of Sydney Uni, UTS, Notre Dame, Sydney TAFE and more
Walking distance to Central Station and arterial bus routes
Main road exposure with approximately 45,000 vehicles passing daily
Close and easy access to the CBD, Inner West and South Sydney