SOLD
Sold on 24 Oct 2023 for $6,000,000

71 Liverpool Street
Sydney NSW 2000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 158m2
Sold By
Andy Hu
Savills Sydney
Haoda Zhang
Savills Sydney
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Property Details for 71 Liverpool St, Sydney

Building Type
Commercial
Year Built
1984
Land Size
158m2
Local Government
Sydney
Lot/Plan
B/DP23162

Last Listing description (October 2023)

Under instructions from Administrator, Savills & Colliers, as joint exclusive agents, are privileged to present Ex- Comic Kingdom 71 Liverpool Street, Sydney for sale via Public Auction on Tuesday, 24th October 2023 commencing at 10.30am (AEDT).

This once in a life commercial freehold investment is the first time to be offered to the market in 37 years, commanding a prominent intersection of Liverpool Street and Kent Street, boasting an unrivalled location between Haymarket and Town Hall.


The offering provides the ultimate opportunity, with significant rental growth potential for purchasers seeking to secure a freehold in the Sydney CBD.

Three-storey freehold title commercial building in a tightly held retail/commercial precinct
Land parcel of 158.1sqm* offering 362 sqm* of NLA
Rare freehold opportunity for owner occupiers and value-add investors
Vacant possession, ready to commence works immediately
FSR 8:1, HOB 80m and Zoned SP5 Metropolitan Centre
Suitable for a variety of users to increase net returns through refurbishment of the existing offering (STCA)
Within easy walks to the CBD commercial and retail precincts, including Chinatown, Darling Harbour, QVB, Westfield etc.
Vibrant location with high level of vehicular and pedestrian traffic, ideal for retail trade.

For further information on this exceptional opportunity, please contact the exclusive selling agents listed below.

Property History for 71 Liverpool St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$6,000,000
24 Oct 2023
  • 24 Oct 2023
    Sold for $6,000,000
  • 25 Sep 2023
    Listed for Sale Contact Agents
  • 24 May 2023
    Sold
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About Sydney 2000

The size of Sydney is approximately 3 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2011 was 14,307 people. By 2016 the population was 17,261 showing a population growth of 20.6% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydney work in a professional occupation. In 2011, 33.6% of the homes in Sydney were owner-occupied compared with 29.1% in 2016.

Sydney has 23,893 properties. Over the last 5 years, Houses in Sydney have seen a -31.09% decrease in median value, while Units have seen a 2.23% increase. As at 30 September 2024:

  • The median value for Houses in Sydney is $1,121,984 while the median value for Units is $1,140,454.
  • Houses have a median rent of $825 while Units have a median rent of $950.
There are currently 188 properties listed for sale, and 321 properties listed for rent in Sydney on OnTheHouse. According to CoreLogic's data, 678 properties were sold in the past 12 months in Sydney.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.