Colliers is pleased to present 24 Spring Street, Freemans Bay for sale by Deadline Private Treaty closing Wednesday 27th May 2026 at 4:00pm (unless sold prior).
This four-level freehold asset is in a true landmark location, with triple frontages to Spring, Runnell and Cascade Streets. Basement car parking is complemented by three levels of modern character office, plus Queenies Café, a well-established western fringe favourite.
Across the three occupiers, QV, The Boundary and Queenies Café, the overall lettable area of 912.2m² (approx.) currently returns an annual net income of around $479,436.50 + GST (approx). The property is underpinned by a 503m² freehold landholding zoned Business – Mixed Use. The property includes 13 car parks and storage space allocated to the occupiers.
High-quality assets in this area are tightly held and seldom available, especially examples of quality. With its commanding corner position and established tenant profile, the asset will appeal to passive investors that understand the long-term value in this location. The building also presents a rare opportunity for an owner occupier looking to secure an exceptional long term base in the western CBD fringe due to a pending lease expiry with no further Rights of Renewal.
For more information and to arrange a viewing of the property, contact the Sole agents today.
