Former Sydney Technical College premises offered after 30 years

Former Sydney Technical College premises offered after 30 years
Former Sydney Technical College premises offered after 30 years

A private investor is offering a Surry Hills creative office conversion on the Sydney city fringe.

Previously operating as the Sydney Technical College, it has hit the market for the first time in over 30 years.

It operated as the STC from the 1950's to late 1980’s.

Following the departure of the latest occupier, Chef’s Warehouse, the property has undergone a multimillion-dollar refurbishment.

CBRE’s City Fringe Team of Gemma Isgro, Nicholas Heaton and Nick Wheatley have been appointed to market the 970 sqm space at 111-115 Albion Street.

Former Sydney Technical College premises offered after 30 years

Ms Isgro stated, "the property’s B4 Mixed Use zoning allows for a range of uses, however, we believe the highest use will be creative office space, given the unprecedented demand in areas like Surry Hills where we are seeing A-Grade rents achieve up to $1,100 per square metre, gross." 

“The former warehouse has been architecturally designed by renowned architect ACME to accommodate open-plan workspace while paying homage to the building’s industrial past,” she said.  

The property spans three levels featuring windows on three sides and a rooftop garden.  

“The building would make a great headquarters for a creative firm or provide an incoming investor with a strong and stable income, underpinned by blue-chip real estate,” Mr Heaton said. 

111-115 Albion Street is being offered for sale via an expressions of interest campaign closing Wednesday, July 3, 2019.

Tags: 
Office Surry Hills

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