$6,350,000

55-59 Alexander Street, Crows Nest, NSW 2065


Offered For Sale for the first time in 45 years

55 - 59 Alexander Street, Crows Nest is perfectly located in the heart of Crows Nest on the corner of Alexander & Burlington Street. The property holds an enviable corner position directly opposite the Woolworths & Council
Car Park development.

The location is further enhanced by its proximity to the Crows Nest Metro Station, 300m from the subject property which is expected to be operational by Q2 2024.


The $20B Sydney Metro project will deliver the first fully automated metro rail system in the country, with trains set to run every 3-4 minutes, enabling efficient travel from Crows Nest to the Sydney CBD in just 7 minutes. The Metro is a game changer for Crows Nest and its arrival is already facilitating a huge transformation.

55 - 59 Alexander Street, Crows Nest is a rectangular corner site 412 sqm with a flexible MU1 Mixed Use zoning permitting shop top housing with consent. The property comprises a single level building split into a restaurant
and retail shop with open air car parking to the rear. The property is fully occupied

Key Features Include:

• First time offered For Sale in 45 years
• Prime corner position
• Opposite Woolworths & Council Car Park (280 spaces)
• 300m to Crows Nest Metro (Q2 2024)
• Largest frontage faces due north
• 59m frontage with rear lane access
• 412 sqm of land
• Single level building comprising a restaurant and retail shop
• Mixed use zoning permitting shop top housing
• 10m height limit
• Flexible Opportunity: Perfect for owner occupiers and/or investors
• Excellent exposure to pedestrian and vehicle traffic
• Key position on the tightly held and prized neighbourhood
• Over 5,000 dwellings to be developed over the next 5 years
• Public transport only moments away: Bus stops approx. 100m from your doorstep

For more information or to arrange an inspection please contact the Exclusive Agents.

Property Info

Municipality
Crows Nest

AUCTION

Saturday, 12 Aug 2023
10:00 am
ENQUIRE ABOUT THIS COMMERCIAL PROPERTY