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259-261 Clarence St 5,338 SF Retail Condo Unit in Sydney, NSW 2000
Investment Highlights
- Prime CBD location with direct Clarence Street frontage and strong visibility.
- Situated between Town Hall and Darling Harbour, near QVB and premium retail destinations.
- Approximately 200 meters to Town Hall Station, with multiple transport options nearby.
- Rare strata holding in a high-demand Sydney CBD core precinct.
Executive Summary
259-261 Clarence Street is a mixed-use strata building known as "The Cachet," located in the western corridor of the Sydney CBD within the YCK precinct (York, Clarence, Kent). The building is a converted warehouse comprising ground-floor commercial/retail tenancies and 24 boutique residential apartments on the upper levels.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Shop 4, 259 Clarence Street in Sydney is a retail property comprising approximately 496 square meters on a strata title basis. The property features street frontage and is positioned within close range of Town Hall Station and the Queen Victoria Building. It is currently leased, generating net income, with the lease scheduled to expire in 2026. The surrounding area is characterized by a mix of commercial offices, retail outlets, and hospitality venues, and it offers convenient access to multiple public transport services including bus, train, and light rail.
Sale Notes
Shop 4, 259 Clarence Street offers a unique investment opportunity in the vibrant core of Sydney’s CBD. This strata-titled retail asset spans approximately 496 square meters and benefits from a highly visible location with direct street frontage on Clarence Street. The property sits just steps away from major Sydney landmarks such as Town Hall Station, the Queen Victoria Building, and Darling Harbour, ensuring outstanding pedestrian traffic and connectivity.
Currently leased to a long-term tenant, the property provides a secure stream of net income with potential for repositioning upon lease expiry in October 2026. Investors will appreciate its proximity to transport hubs, a dense business district, and Sydney’s luxury retail precinct, all contributing to strong ongoing demand. This sale represents a chance to gain a foothold in an area renowned for consistent rental growth and resilient occupancy levels.
Expressions of Interest close on Wednesday, 10 June 2026 at 3:00 pm (AEST).
Currently leased to a long-term tenant, the property provides a secure stream of net income with potential for repositioning upon lease expiry in October 2026. Investors will appreciate its proximity to transport hubs, a dense business district, and Sydney’s luxury retail precinct, all contributing to strong ongoing demand. This sale represents a chance to gain a foothold in an area renowned for consistent rental growth and resilient occupancy levels.
Expressions of Interest close on Wednesday, 10 June 2026 at 3:00 pm (AEST).
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Shop 4 | 5,338 SF | Retail | Upon Request | - |
Unit Shop 4
| Unit Size |
| 5,338 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
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Unit Shop 4
| Unit Size | 5,338 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Shop 4, 259 Clarence Street in Sydney is a retail property comprising approximately 496 square meters on a strata title basis. The property features street frontage and is positioned within close range of Town Hall Station and the Queen Victoria Building. It is currently leased, generating net income, with the lease scheduled to expire in 2026. The surrounding area is characterized by a mix of commercial offices, retail outlets, and hospitality venues, and it offers convenient access to multiple public transport services including bus, train, and light rail.</li></ul> | |
| Sale Notes | |
| Shop 4, 259 Clarence Street offers a unique investment opportunity in the vibrant core of Sydney’s CBD. This strata-titled retail asset spans approximately 496 square meters and benefits from a highly visible location with direct street frontage on Clarence Street. The property sits just steps away from major Sydney landmarks such as Town Hall Station, the Queen Victoria Building, and Darling Harbour, ensuring outstanding pedestrian traffic and connectivity.<br> Currently leased to a long-term tenant, the property provides a secure stream of net income with potential for repositioning upon lease expiry in October 2026. Investors will appreciate its proximity to transport hubs, a dense business district, and Sydney’s luxury retail precinct, all contributing to strong ongoing demand. This sale represents a chance to gain a foothold in an area renowned for consistent rental growth and resilient occupancy levels.<br> Expressions of Interest close on Wednesday, 10 June 2026 at 3:00 pm (AEST).</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 21,926 SF | Floors | 6 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,649 SF |
| Property Subtype | Apartment | Lot Size | 0.09 AC |
| Building Class | C |
| Total Building Size | 21,926 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Typical Floor Size | 3,649 SF |
| Lot Size | 0.09 AC |
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1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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259-261 Clarence St
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