230 Clarence Street Sold for $46m


The historic 230 Clarence Street Sydney has been sold to a private investor for $46m.

The heritage property has undergone a major refurbishment which has taken advantage of the building historic nature and has long-term leases in place with cosmetics giant Clarins and Giants bicycles.

Adjacent to Town Hall and at the heart of the Western Corridor, the building sits on a 623sqm site and features 2,345sqm of NLA across 4 levels.

The sale price represents $19,616/sqm of NLA or $73,789/sqm of site area.

Knight Frank handled the sale for the Vendor.

Location Plan:

#Commercial

Capital Management Australia

PO Box R1254

SYDNEY   NSW   1225

Tel: +61 412 173 476

Email: warwick@cmaust.com

ABN: 32 610 910 819

AFSL: 493605

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