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4 Hercules Street , Surry Hills City Fringe |
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| Location
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On the Eastern side of Hercules Street, with frontages to Uther Street and Cooper Lane, only one block off Foveaux Street and 300 metres from the Chalmers Street entrance to Central Railway Station. The property is positioned directly behind the News Limited complex.
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| Description
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A sound three level brick and concrete building, an ‘ugly duckling’ on the outside but modern offices to the upper two levels on the inside with a distribution facility to the lower ground floor. There is a goods hoist and loading dock servicing the building off Cooper Lane with roller shutter off Uther Street and 278m² of vacant land off Hercules Street where some 14-16 vehicles can be stack parked. The upper level was upgraded as a call centre in 1997. |
| Accommodation\\ |
Any premises offered in Surry Hills is "hot property". Consider the possibilities of large land, multiple lots with expansion potential and make the call. Recently DA approved for a new five storey office building with top floor outdoor terrace off the executive level, comprising of approx 3,111m2 of NLA , including 5 shops, and a 254m2 open terrace off the penthouse level. Basement car-parking for 9 cars. |
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| Investment
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Short term lease of 1 year x 6 months x 6 months to Church of Scientology. Leased at $390,000 per annum gross + GST. |
| Parking
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14-16 cars |
| Comments
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“Mixed Uses – 10” with an approved Floor Space Ratio of 3.4:1 and an 18 metre height limit
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| GST
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Not applicable. |
| Disclaimer
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Whilst all care has been taken in the preparation of the information contained herein, no warranty is offered or implied. Interested parties should therefore rely on their own enquiries. all areas and figures are approximate.
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