Office

285a Crown Street, Surry Hills

285A Crown Street Surry Hills, NSW Australia 2010
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Attributes

Year Built N/A
Building Area Gross
Land Area Gross ()
Rentable Area
Occupancy 100.0 %
Call for Offers

Asset Description

JLL in conjunction with Knight Frank are pleased to exclusively offer for sale a 100% freehold interest in ‘Reservoir on Crown’, 285a Crown Street, Surry Hills.


This offering provides the opportunity to secure a 100% Freehold interest in one of the most prominent and best performing assets in the Sydney fringe market. Positioned at the heart of Eastern Sydney’s creative precinct on the prominent corner of Crown and Campbell Streets and occupying one of the largest sites in Surry Hills, the asset provides both security and growth; underpinned by a 6.1 year* WALE with future development upside.

Investment Highlights

Investment highlights:


  • Fully leased, mixed-use (office/retail) asset institutionally redeveloped In 2009
  • Three street frontages and one of only three assets in the market situated on a site area greater than 3,000 sqm*
  • Future-proofed asset with a recently completed capital expenditure program
  • 4.0 Star NABERS Energy Rating 
  • Diverse tenancy profile featuring 11 tenants across 4,727 sqm* NLA
  • Protected views of the CBD – never to be built out with abundant natural light to all sides
  • 6.1 year* WALE with no major near-term expiries 
  • $5.3m net passing income 

*Approximate


‘Reservoir on Crown’, 285a Crown Street, Surry Hills is being offered via an International Expressions of Interest closing 4:00pm (AEST) Thursday 26th May, 2022.


For further information or to arrange an inspection, please contact the exclusive selling agents.

Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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