Property ID: 1P1327
Level 7/301 Castlereagh Street Sydney NSW
Guide $2,500,000
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Offices
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For Sale
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464 sqm
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464 sqm
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$1,862.00 Quarterly
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$132.00 Quarterly
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$21,616.00 Quarterly
MORTGAGEE SALE | COMPELLING CBD WHOLE FLOOR OPPORTUNITY WITH HUGE POTENTIAL
Noonan Property, on behalf of a Mortgagee in Possession, is pleased to present Level 7, 301 Castlereagh Street, Sydney for sale by Expressions of Interest closing 3:00 pm Thursday, 22 October 2026.
Level 7 represents an exceptional opportunity to secure an entire commercial floor of approximately 464 sqm including common property in the Sydney CBD. Comprising six individual strata lots together with central common areas, the property offers considerable flexibility for owner occupiers, investors and property traders seeking a substantial CBD holding with genuine scope to reposition and add value.
For owner occupiers, the floor provides an excellent foundation for the creation of a distinctive professional headquarters and is particularly well suited to legal practices, barristers, accounting firms and other professional services businesses. Impressive ceiling heights, exposed timber structure and oversized arched windows provide considerable architectural character and excellent natural light, while the combination of open areas and partitioned rooms provides scope for an impressive reception, boardroom and meeting facilities, private offices, open work areas and staff amenities. The premises have also previously benefited from Class 9b educational approval, further broadening their potential future use.
The existing accommodation presents genuine refurbishment and repositioning potential, allowing a purchaser to create a contemporary workplace tailored to their requirements rather than paying a premium for an existing finished fitout. Existing improvements include reception, meeting and office areas, kitchenette and bathroom amenities, while the substantial floorplate and existing services provide an excellent platform for a comprehensive refurbishment.
For investors and property traders, the six individual strata lots provide an additional value add strategy. A purchaser could consider refurbishing and repositioning the individual lots before progressively selling them separately, potentially capturing the premium associated with smaller, renovated CBD strata offices. Alternatively, the lots could be retained, leased or sold in various combinations, providing considerable flexibility in both the investment and eventual exit strategy.
Adding another dimension to the opportunity, the six existing strata lots comprise 394 sqm, with a further approximately 70 sqm of central common property completing the approximately 464 sqm whole floor area. This provides a purchaser with the potential for greater control over the entire floor and additional flexibility when considering its future configuration and use.
Positioned in the southern section of the Sydney CBD, 301 Castlereagh Street is within easy walking distance of Town Hall, World Square, Chinatown and Central Station, with the Goulburn Street parking station directly opposite. Combining substantial whole floor accommodation, six individual strata lots, previous Class 9b educational approval and multiple pathways to add value, Level 7 represents a compelling opportunity to occupy, refurbish, reposition, lease or trade a substantial Sydney CBD commercial holding.
Level 7 represents an exceptional opportunity to secure an entire commercial floor of approximately 464 sqm including common property in the Sydney CBD. Comprising six individual strata lots together with central common areas, the property offers considerable flexibility for owner occupiers, investors and property traders seeking a substantial CBD holding with genuine scope to reposition and add value.
For owner occupiers, the floor provides an excellent foundation for the creation of a distinctive professional headquarters and is particularly well suited to legal practices, barristers, accounting firms and other professional services businesses. Impressive ceiling heights, exposed timber structure and oversized arched windows provide considerable architectural character and excellent natural light, while the combination of open areas and partitioned rooms provides scope for an impressive reception, boardroom and meeting facilities, private offices, open work areas and staff amenities. The premises have also previously benefited from Class 9b educational approval, further broadening their potential future use.
The existing accommodation presents genuine refurbishment and repositioning potential, allowing a purchaser to create a contemporary workplace tailored to their requirements rather than paying a premium for an existing finished fitout. Existing improvements include reception, meeting and office areas, kitchenette and bathroom amenities, while the substantial floorplate and existing services provide an excellent platform for a comprehensive refurbishment.
For investors and property traders, the six individual strata lots provide an additional value add strategy. A purchaser could consider refurbishing and repositioning the individual lots before progressively selling them separately, potentially capturing the premium associated with smaller, renovated CBD strata offices. Alternatively, the lots could be retained, leased or sold in various combinations, providing considerable flexibility in both the investment and eventual exit strategy.
Adding another dimension to the opportunity, the six existing strata lots comprise 394 sqm, with a further approximately 70 sqm of central common property completing the approximately 464 sqm whole floor area. This provides a purchaser with the potential for greater control over the entire floor and additional flexibility when considering its future configuration and use.
Positioned in the southern section of the Sydney CBD, 301 Castlereagh Street is within easy walking distance of Town Hall, World Square, Chinatown and Central Station, with the Goulburn Street parking station directly opposite. Combining substantial whole floor accommodation, six individual strata lots, previous Class 9b educational approval and multiple pathways to add value, Level 7 represents a compelling opportunity to occupy, refurbish, reposition, lease or trade a substantial Sydney CBD commercial holding.