Adam Charles & Knight Frank, as joint exclusive agents, are pleased to present a rare opportunity to acquire a prime development site at 327-331 Sussex Street, Sydney. Perfectly positioned between Sydney's bustling CBD and the vibrant Darling Harbour, this property offers an exceptional development prospect. Property Highlights: - 240 sqm site with dual street frontages on Sussex Street & James Lane. - Concept scheme prepared for a 90-room accommodation development with common areas and retail space. - Substantial GFA: Proposed 2,367 sqm GFA (STCA) - SP5 Metropolitan Core Zone with a 50m height limit and a - 9:1 FSR, plus a 10% design excellence bonus (STCA). - Strategic Position: Just 300m from Town Hall Station, offering easy access to major transport links. - A prime location for co-living, accommodation, or build-to-rent developments, with high demand from students and professionals. - Strategically located to benefit from proximity to major infrastructure projects, Chinatown, and the University of Technology Sydney. - Existing three-level commercial building & basement - Valuable 940 sqm of building area - Potential for further amalgamation Sale Details: 100% freehold interest in 327-331 Sussex Street, Sydney is offered via public auction Auction Date: Thursday, 26th September at Cooley's CBD. This is a unique chance to secure a prime development site in one of Sydney's most sought-after locations. For further details or to arrange a private inspection, please contact the exclusive agents at Adam Charles & Knight Frank.
Knight Frank - Sydney South
Corporate Park, Suite 12G, Graphix Row, 160 Bourke Road, Alexandria, NSW
Property ID: 504680964