OFF MARKET

2/171-193 Gloucester Street
The Rocks NSW 2000

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 930m2
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Property Details for 2/171-193 Gloucester St, The Rocks

Building Type
Commercial
Land Size
930m2
Local Government
Sydney
Lot/Plan
2/SP85579

Last Listing description (September 2023)

CBRE Asia Pacific Capital Markets team are pleased to exclusively present to market for sale a substantial piece of Australian history being Lot 2, Reynell Terraces, 185 Gloucester Street, Sydney.

Representing one of the most exciting opportunities in the CBD market to acquire one of Sydney's most stylish and creative commercial strata properties in a highly coveted location near Wynyard and Circular Quay.


Key Selling Highlights:

- Stylish Part Ground Floor commercial suite of unrivalled quality
- Vibrant, distinguished and inspired workspaces
- Meticulously renovated with spectacular fit out
- Classic New York warehouse style features
- Ultra high ceilings maximizing light and space
- Exposed services and ceiling beams throughout
- Attractive treeline views and superb natural light
- Polished concrete floors and pendant lighting
- Imposing main receptions with bespoke joinery
- Full kitchen, bathroom and shower facilities
- Integrated storage and large break out spaces
- Highly efficient and easily subdividable floor plans
- 2 car spaces available with direct suite access
- Prestigious and iconic landmark CBD building
- Part of the admired Reynell Terraces complex
- Striking main lobby area with high spec finishes
- Highly coveted location near Circular Quay
- Popular, prestigious and tightly held precinct
- Close to Sydney's finest cafes, restaurants and bars

Lot 2, Reynell Terraces, 185 Gloucester Street, Sydney is offered for sale via Private Treaty.

Please contact the exclusive CBRE selling agents below for further information.

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Property History for 2/171-193 Gloucester St, The Rocks, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$4,250,000
28 May 2019
Listed for Rent
$4.67k/w
15 Oct 2021
  • 14 Jun 2023
    Listed for Sale Contact Agent
  • 12 Apr 2021
    Listed for Rent $243,440 / year
  • 11 Sep 2019
    Listed for Rent $213,520 / year
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About The Rocks 2000

The size of The Rocks is approximately 0.2 square kilometres. It has 7 parks covering nearly 14% of total area. The population of The Rocks in 2011 was 683 people. By 2016 the population was 751 showing a population growth of 10.0% in the area during that time. The predominant age group in The Rocks is 30-39 years. Households in The Rocks are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in The Rocks work in a professional occupation. In 2011, 30% of the homes in The Rocks were owner-occupied compared with 43.6% in 2016..

The Rocks has 1,395 properties. Over the last 5 years, Houses in The Rocks have seen a -30.60% decrease in median value, while Units have seen a 25.28% increase. As at 30 November 2024:

  • The median value for Houses in The Rocks is $1,912,748 while the median value for Units is $1,993,744.
  • Units have a median rent of $1,200.
There are currently 6 properties listed for sale, and 5 properties listed for rent in The rocks on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in The rocks.

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