New to the market and testing the COVID-19 waters is 262 Castlereagh Street, Sydney. The property is being marketed by Eugene White, Vince Kernahan and Tom O’Neill of Colliers International on behalf of the vendor, The Returned and Services League of Australia (NSW Branch). The League exists to provide for the well-being, care, compensation and commemoration of serving and ex-serving Defence Force Personnel and their dependants.
According to Sydney Cityscope, the building at 262 Castlereagh Street is a four-storey office building with showroom and a net lettable office area of 1,096 sqm. It occupies a 291 sqm block and is the home of the Korean restaurant, Haru Soju Fusion Lounge. Its zoning of Metropolitan Centre (B8) permits commercial, retail, hotel and student accommodation.
262 Castlereagh Street last traded at $7.9 million in August 2014.