378 380 Cleveland Street

Attention grabbing corner position with 3 street access, Double lock up garaging and a versatile mixed-use zoning, 378-380 Cleveland Street offers any array of different investment strategies and development opportunities. First time offered in 70 years, this mixed commercial and residential building borders inner-city hotspots Surry Hills & Redfern, with direct access along Cleveland Street to Sydney University, Moore Park sporting complex and Centennial Parklands. Central location close to Sydney’s new Silicon Valley styled tech hub. A rare opportunity to secure a substantial piece of land in the Inner City.

- 3 Apartments. (1x3 bed, 1x2 bed and 1x1bed)

- Well maintained and ready to be released.

- 2 Commercial spaces. Offered vacant and/or with existing tenancy.

- Potential plus considering returns and future development.

- Walk to Crown Street dining, just 400m to light rail station.

- Cleveland Street bus stops on door step. City fringe locale.

- Easy access to Central Station, 5 min walk to Sydney High Schools.

- Footsteps to Belvoir Street Theatre, bars and Prince Alfred Park/ Pool.

- Premium city fringe address offering development opportunity (STCA)

Proposed Rents in Current Condition:

378 Cleveland Street

- Unit 1:            $400pw (1 bedroom)

- Unit 2:            $450pw (2 bedroom)

- Unit 3:            $1100pw (3 bedroom)

- Shop 1:           $1000pw

- Shop 2:           $350pw

- Totals             $3300pw or $171,600pa 

Expressions Of Interest Closes 3pm 10th October 2023

In conjunction with Kevin Mendes

Laing & Simmons 

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