302/29 Commonwealth Street, Sydney

This is a unit on a parcel in 9/SP75312 Sydney NSW. It has an approximate value of $635,000. Built in 2005, with 1 bedroom and 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
0
Land size
792 m2
Building size
54 m2
Council area
Sydney
Year built
2005
Lot plan
9/SP75312 Sydney NSW
House type
Unit



HISTORY

Last sold 28/03/2015
$570,000



LISTING DESCRIPTION
as of June 2013

COMMERCIAL BUILDING WITH MAJOR REDEVELOPMENT POTENTIAL (STCA) Located only 50 metres from the intersection of Liverpool Street and with frontages to Clarke and Alberta Street, this 6 level freestanding building is being sold with vacant possession on behalf of Government Property NSW.Situated on a site area of 791.7 square metres, features on offer include:??? Net Lettable Area of approximately 2,654 square metres plus carers lodge, rooftop terrace and basement parking of approximately 620 square metres;??? Current zoning of B8 Metropolitan Centre with a height limit of 110 metres and a floor space ratio of up to 14:1 comprising of a base FSR of 8:1 and an additional bonus FSR of up to 6:1;??? Zoning allows for a variety of uses including residential, tourism or commercial ??? Subject to Council Approval;??? Within easy walking distance to ??? Hyde Park, Central Railway Station, Sydney CBD, Chinatown and Darling Harbour;An outstanding opportunity to acquire a property within a prime Inner City Location.