Fully Leased Investment

Address

GF & L1/163-167 William Street, Darlinghurst
NSW

Area

352 m²

Details

- High Exposure Darlinghurst address
- Leased to two individual tenants
- High end fit-outs

Mercer Property is delighted to present to the market for sale 163-167 William Street Darlinghurst, a rock solid, dual income investment opportunity on the city fringe.

Set over two levels, this property is immaculately presented. Recently having undergone a major ground up renovation and conversion into a high-end art gallery on the ground floor, and hair salon on level 1. Level 1 also has the ability for a secure car space to be re-instated off the rear lane.

The property features 4 metre high ceilings on the ground floor, making it perfect for its current use as an art gallery. Leased to two separate tenants in Chalk Horse Gallery and Goldie Sydney, this dual occupancy property offers investors a low risk, high return opportunity.

Property particulars;
- Strata Area: 352sqm*
- Dual occupancy & income
- B4 Mixed use zoning - Retail, Commercial and possibly residential (S.T.C.A)
- Current Net income: $178,815.29 p.a. + GST
- Strong annual increase and security

*approximately


OFI TIMES:

Monday 19th April 10am - 10:30am
Monday 26th April 10am - 10:30am
Monday 3rd May 10am - 10:30am
Monday 10th May 10am - 10:30am


Lot 10/163-167 William Street, Darlinghurst will be offered to the market for sale via Public Auction, 11th May 2021 at 10.30am sharp.

AUCTION VENUE:
AuctionWORKS,
Mezzanine Level, 50 Margaret
Street, Sydney NSW 2000

A comprehensive Information Memorandum & Sale contract can be made available through the exclusive agents;

Tom Speakman: 0412 891 330
Dillon Frain: 0416867155

Contact the agent

Email Agent