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Inner city fringe freehold – situated within retail and commercial heart of Redfern
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Well balanced food, beverage, gaming & accommodation revenues
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13 x gaming machines – amber zone SA2
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322sqm* corner landholding – 15 metre height approval & FSR 2:1
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Three level building with potential to activate trading on the upper floors and rooftop (STCA)
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Recent $400,000* capital expenditure on CRT and cosmetic improvements
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Proximate to Australia Post’s Star Track House Building – 3,500* workers
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Large exclusive trading catchments – North to Cleveland St. & East to South Dowling Street
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Strong underlying land, building and gaming machine value fundamentals
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Well positioned to capitalise upon the nearby Waterloo Estate – urban renewal of 19* hectares of land,13 new residential towers & 3,000* new dwellings