SOLD
Sold on 22 Jan 2024 for $29,000,000

82-84 Sussex Street
Sydney NSW 2000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 468m2
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Property Details for 82-84 Sussex St, Sydney

Building Type
Land
Land Size
468m2
Local Government
Sydney
Lot/Plan
1/DP67089

Last Listing description (April 2023)

Knight Frank and JLL are delighted to present for sale 100% freehold interest in 82-84 Sussex Street, Sydney - a rare CBD redevelopment opportunity with DA approval for commercial & residential use.

- Landmark freehold site with vacant possession

- DA approved for a 15 storey commercial and residential mixed-use building, totaling approx. 4,554 sqm of GFA.
- Only approx. 300m to Wynyard Station, George Street light rail and Barangaroo Wharf.
- Perfectly placed in a highly sought-after location immersed amongst an extensive array of services within Sydney's CBD, with potential to unlock uninterrupted views of Darling Harbour.
- Rare opportunity to acquire a development site at the Northern End of the CBD.


This premier development opportunity is for sale via Expressions of Interest closing Wednesday, 2 November 2022 at 4pm (AEDT).

Property History for 82-84 Sussex St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$29,000,000
22 Jan 2024
  • 22 Jan 2024
    Sold for $29,000,000
  • 04 Oct 2022
    Listed for Sale Contact Agents
  • 30 Jun 2003
    Sold for $7,500,000
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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 23,942 properties. Over the last 5 years, Houses in Sydney have seen a -71.84% decrease in median value, while Units have seen a 5.01% increase. As at 31 October 2024:

  • The median value for Houses in Sydney is $502,395 while the median value for Units is $1,163,718.
  • Houses have a median rent of $800 while Units have a median rent of $950.
There are currently 195 properties listed for sale, and 377 properties listed for rent in Sydney on OnTheHouse. According to CoreLogic's data, 680 properties were sold in the past 12 months in Sydney.

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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.