Sydney To Promote Affordable Housing By Bringing Council Assets To Market

The City of Sydney plans to bring some of its property portfolio to market to deliver more affordable housing across the inner city and boost Oxford Street as a major business destination.

The decision has come with the impending closure of three City depots at Zetland, Redfern and Alexandria in conjunction with the opening of a new major southern depot at Alexandra Canal.

Operational properties proposed to be placed on the market include:

• 94–106 Epsom Rd, Zetland (Epsom Road Depot)

• 11 Gibbons Street, Redfern (Redfern Depot)

• 36 Gerard Street, Alexandria (Alexandria Depot).

• Stockton House, 73–75 William Street, East Sydney

• 545–549 South Dowling Street, Moore Park

• 90 Regent Street, Redfern.