Raine and Horne Commercial are delighted to offer for sale by public auction this two level corner freehold cafe/restaurant along with 2 apartments located at 67 Albion St, Surry Hills.
Located in a fantastic position, allowing the property to take advantage of the close proximity to the Sydney CBD, Crown Street and easy access to the Eastern Suburbs and City Fringe as well as major arterial roads.
This building is less than 450m from Central Station which connects you with any train, bus or light rail. This location is really in the heart of it all.
In a suburb that speaks for itself, being positioned on Albion Street gives you the opportunity to take advantage of the growth in the residential population that Surry Hills has seen over the past few years.
Add to that the busy office crowd that is now returning and variety of other well established retailers, cafes and eateries makes this property the perfect business proposition whether you are a looking to owner occupy the space or buy and lease out.
The Property:
This two level freehold building is located on the corner of Albion and Belmore Street and has dual access from each.
The site boasts excellent street exposure from the high-profile Albion Street coupled with a 20 metre frontage on Belmore Street.
The rear of the building backs onto Albion Way, where there is the potential to have a lockup garage which can be used as parking or extra storage.
This property is in the perfect spot to operate the next cafe, restaurant or bar and either live or rent out the two apartments on the first floor.
Selling Points:
• Building area: 170 Sqm (app)
• Land area - 100 Sqm (app)
• Two-storey freestanding building with 3 street frontages
• Prominent corner position with huge street exposure
• Flexible B4 Mixed Use Zoning
• Fully fitted and functional commercial kitchen and restaurant/cafe with alfresco dining downstairs
• Equipped with grease trap, alarm/security system, air-conditioning, exhausts, liquor license and council approved outdoor seating
• Plus Two Self-contained apartments both with kitchens and toilets upstairs
• Dual access for commercial/retail use and exclusive access for residential use
• Potential for lock up garage
To be offered with vacant possession
Open for inspection: Wednesday 1:00 - 1:30pm
Opportunity to invest, occupy or value-add (STCA)
Remember to mention you found this property on CommercialReady.com.au
