Description

JLL is proud to exclusively present for sale 70-72 Commonwealth Street, Surry Hills NSW.

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Attributes

Building area gross

1,175 m²

Sizeable 871sqm rectangular lot
Favourable mixed-use zoning supporting an array of development outcomes
Maximum FSR of 4:1 & building height of 27m
Desirable three street frontages, with protected separation from the ‘Mark Foys’ building to the North
Leverage the significant demand-supply mismatch for rentals and student accommodation
Existing DA for a 121-room hotel comprising 3,482sqm of GFA
Functional existing 1,175sqm office building with 7 secure car bays
Close walking distance to Oxford Street Retail & Entertainment Precinct
Adjacent to popular hospitality offerings AP Bakery, Paramount Hotel & Chin Chin
One of only a handful of pure development opportunities remaining within Sydney’s most sought after precinct