20 Alfred Street

20 Alfred Street held an eight storey (2,934 sqm) commercial office building, with two basement levels of car parking, and magnificent views of Sydney Harbour. It is located directly behind the North Sydney Swimming Pool with Bradfield Park to the side, and only a short stroll from Milsons Point Train Station, the Ferry Wharf and Luna Park.

The property was the corporate headquarters of Random House. The joint venture commenced in June 2000, with investors enjoying the benefits of tax-effective monthly income. The value of the property was enhanced by the purchase of the adjoining terrace house in late 2002, and an approved DA for a high-quality residential development to take the building into the next stage of its life cycle.

All leases were coordinated to terminate on 30/04/07 at which time the planned redevelopment commenced. Many of the residential units created by the redevelopment will form the homes of current joint venturers. The combination of its unique position and the highest quality Bligh Voller Nield-designer-residential-development should ensure that 20 Alfred Street becomes one of the most prestigious residential apartment buildings in Sydney.