Landmark Commercial Opportunity -

‘LA STRADA’ an iconic never to be repeated

Upcoming Commercial/Business opportunity in one of the most popular and high density suburbs in Sydney.
Landmark location and iconic building in premier location. Prime position occupying the corner of Macleay Street and Hughes Street (B4 Zoning). Exciting opportunity for the astute investor wanting to purchase and hold, or ‘value add’. Reap the rewards of a high yield venture or explore a broad range of development opportunities. This is the last remaining site of its type in the Macleay Street precinct.
Building comes with 3 liquor licences for the building itself. Approx 35m of frontage to Hughes Street.

Land size is approx. 322m2
Width to Hughes St is approx. 35m
Zoned B4 mixed use
Height of building approx. 23mtrs
Fsr 2.5:1
Heritage – n/a
Current premises include – another 2 vacant restaurants, a whole floor office with massive rooftop and 1 bedroom residential apartment with large balcony with B4 Zoning

Extraordinary location and exciting opportunity to value add to annual rental yield (approx. $293,145) with minimal cost to improve.