PHOTO: The set of heritage-listed terraces will be sold on a single title. Photo: Supplied. Photo: Supplied
The NSW government is offloading a set of heritage-listed Victorian terraces in historic The Rocks that were once bought to clean up the area after a bubonic plague outbreak.
The almost 2500-square-metre block in the historic Longs Lane precinct will see the renewal of a 99-year leasehold of land, which includes 17 residential terraces – 14 heritage-listed – and one commercial dwelling all on one title.
The majority of the residential properties are currently tenanted, bringing in an income of more than $500,000 a year for the state government, according to the listing. Its sale will be subject to each tenants’ current lease agreements.
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