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.