Outstanding Investment - High Returns

Address

Level Ground/163-167 William Street, Darlinghurst
NSW

Size

Total 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 the ground floor retail and level 1 of 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 and beauty salon on level 1. Level 1 also has the ability for a 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: $170,672.00
- 3 year wale*
- Strong annual increase and security

*approximately

The property is being marketed for sale by negotiation.

A comprehensive Information Memorandum & Sales contracts can be made available through the exclusive agents;

Tom Speakman: 0412 891 330
Matt Davoren: 0410 488 437

Contact the agent

Email Agent