Shop 3, 259-261 Clarence Street Sydney, NSW 2000

Ray White Commercial (SC) is pleased to present to market this substantial dual level commercial opportunity located at the ground floor of 259 Clarence Street, Sydney. The property is offered for sale via Auction on Tuesday, 8th November 2022.

This spacious premises boasts a large commercial kitchen^ on the ground floor with grease trap provisions, 50+ seating capacity^^, and individually controlled air conditioning system. The property has a large mezzanine level which incorporates additional seating, boardroom as well as exclusive amenities. The zoning for this asset is broad, meaning potential uses could include retail, showrooms, hospitality and a range of other general commercial uses.^^

The property sits in the Western corridor of the Sydney CBD with convenient access to Town Hall Station, Queen Victoria Building and Darling Harbour. The property is offered with vacant possession and is ideal for a range of owner occupiers or an astute investor wanting to capitalise on the strong rental income this asset could return.

Additional highlights of the asset include:

• Internal area - 280 sqm*
• Dual level with high entry ceiling level
• Exclusive amenities & boardroom
• Large commercial kitchen with grease trap provisions^
• Individually controlled air conditioning
• Existing liquor licence for the premises
• Wide range of potential future uses^^
• 160m* to Town Hall Station
• 400m* to Darling Harbour
• Located within the renowned YCK precinct (York, Clarence, Kent) - Sydney's bustling entertainment and 24hr economy precinct

The property will be sold via Auction on Tuesday, 8th November 2022 at 10:30am (AEDT). The Auction will be held at AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney.

For further information, please contact the exclusive selling agents below. Inspections by appointment only.

^ Refer to contract of sale for included items. Non-included items may be offered by negotiation.
^^ Subject to Council Approval
* Approximately