A rare opportunity to secure a premium freehold building in the heart of Surry Hills' most tightly held retail and hospitality precinct. Positioned amongst some of Sydney's most recognised food, beverage and lifestyle operators, 429 Crown Street is offered with vacant possession and an existing Development Approval, providing purchasers with immediate flexibility to occupy, reposition, lease or redevelop (STCA). With great street exposure, MU1 Mixed Use zoning and a highly desirable Crown Street address, the property presents significant upside for owner-occupiers, investors and developers seeking a foothold in one of Sydney's strongest city fringe markets. Existing Development Approval in place (expires 2030) providing a clear pathway for future development.
• Vacant possession
• Land area: 126.6sqm*
• Internal building area: 141.9sqm*
• MU1 Mixed Use zoning
• Floor Space Ratio (FSR): 2:1
• Potential gross floor area of approximately 253.2sqm (STCA)
• Height limit: 12m (STCA)
• East and west aspects
• Development Approval in place (expires 2030)
• Flexible future use options including retail, hospitality, commercial, residential components or mixed-use redevelopment (STCA)
• Situated within one of Sydney's highest-performing lifestyle and hospitality precincts
