JLL are pleased to exclusively present a unique opportunity to partner with The Salvation Army to undertake a redevelopment* of their site at 140 Elizabeth Street, Sydney.
- A strategically located, underdeveloped 1,038sqm site with 3 street frontages and potential to develop up to 15,985sqm of GFA
- Proximate to all forms of public transport, less than 100m from Hyde Park and on the cusp of the Surry Hills F&B precinct
- With vacant possession in 2026, the opportunity exists for a development partner to enter into a capital efficient, structured transaction, that allows time to achieve a planning outcome and take advantage of the future market potential.
- Partner with a renowned Australian charity, The Salvation Army, to provide them with exemplar community facilities, as part of the future development.
(*Whilst it’s The Salvation Army’s preference to partner with a developer and retain part ownership, they will also consider offers to sell the property outright with no future interest).
Responses to the Stage 1 EOI process must be received by 4:00pm AEST on Friday 30 June 2023. For further information, please contact the exclusive agents.