130-144 Cleveland Street, Chippendale NSW 2008

SOLD
$12,500,000
X SqM

This brilliant character freehold building in one of Sydney’s most emerging creative precincts was set over two buildings and two titles and was formerly the Robertsons Chocolate factory. Soaked in Sydney’s history with exposed ironbark columns and herringbone ceilings throughout, this extraordinary building offered a range of potential outcomes with a development consent to build within the existing envelope 34 apartments and 2 retail tenancies.

Set over 3 levels and a mezzanine the highest and best use was to refurbish into creative office space which is commanding a premium rental in the area.

RESULT: Sold for $12,500,000 to a private investor who intends to refurbish the asset with my consultation as to what the market is demanding to set a new rental record for the postcode.