SOLD - 63 Ann Street, Surry Hills

Landmark Surry Hills Building

A converted wool store refurbished into a modern and creative workplace.

A beautiful commercial property located in one of Sydney’s most vibrant neighbourhoods compromising a three level, double brick building that offers a blend of contemporary style and functional design.

With easy access to public transportation and major roadways, the property is conveniently connected to the wider Sydney region.

Most recently refurbished in 2021 with the completion of an upgrade to the lobby, tenancies and installation of end of trip facilities.

Ownership:

Facilities and Features

Onsite change rooms
Onsite shower
Onsite lockers
Onsite Bike Storage
Parking

Our team has a strong focus on environmental performance. Our sustainable initiatives aim to provide enhanced occupant comfort, reduced draw on resources and lowered building operating costs to achieve environmentally responsible workspaces and buildings.

Evolution

63 Ann Street is a heritage landmark, previously known as the Lamson Paragon Factory. The building was originally constructed in the 1920s and has seen been reimagined and renewed to be an idyllic modern workplace featuring exposed finishes, high ceilings and four elevations of natural light.

Since acquiring the asset, Abacus has undertaken an extensive refurbishment including the installation of modern End of Trip facilities, a new foyer and speculative fitouts.

More information

Ownership interest
100%
Cap rate
5.63%
Valuation date
December 2023
Acquisition date
April 2018
Site area
930m2
Net lettable area
2,367m2
Occupancy
100%
NABERS rating (Energy)
5
NABERS rating (Water)
2.5
WALE by income
3.7
Rent review structure
Fixed
Major tenants by income
Salon Lane, TM Insight Operations, We Are Generate
Parking spaces
20
Valuation range
$31 million

Lease Availability

No suites currently available

Flex by Abacus

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Building Management

The Building Management Team care for all aspects of the building, from maintenance to operations, ergonomics and sustainability. They handle administrative tasks, promote our tenants and ensure safe and enjoyable spaces for collaboration and renewal. They form an integral part of our strong partnership with our tenants, and understand that without this, the building wouldn’t be able to thrive. For more information, speak to our team or login to the customer portal below.

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Amenities

Situated in Surry Hills, a trendy and vibrant precinct within Sydneys bustling atmosphere, the building is surrounded by high quality cafes, restaurants, gyms, supermarkets and retail in addition to its onsite end of trip facilities.

Dining and Bars

Located approximately 200 metres from Crown Street known for its restaurants and bars including the Clock Hotel, the Winery and the Dolphin Hotel.

Cafes

Boutique cafes located within easy walking distancing including Pieno Café, Ruben Hills Café, Bills and Paramount Coffee Roasters.

Retail

Aside from a handful of bespoke retailers, including op shops, antique stores and tattoo parlours, the building is a 7 minute walk to Woolworths Metro Surry Hills.

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