Ray White Commercial (SC), on behalf of Barry Taylor and Todd Gammel of HLB Mann Judd as the court appointed trustees of sale pursuant to s 66G Conveyancing Act 1919 (NSW), is pleased to exclusively present to market 177 Oxford Street, Darlinghurst for sale. Price guide - $3,700,000.
Leased to the Stonewall Hotel on the ground floor and Millk Medi Spa on the second floor, this high exposure multi-level freehold building offers a secure dual income stream and the opportunity to reposition the asset via flexible zoning controls in the prime area of Oxford Street opposite the new 'Oxford and Foley' development by TOGA.
Additional highlights of the asset include:
• Three level building with ground floor retail and 2 levels of commercial space
• Building Area: 329 sqm*
• Land Area: 183sqm*
• Secure dual income stream generated from two long standing tenants
• Passing gross income $192,694.88 with additional rental upside
• Four (4) separate lettable areas across three (3) levels of building
• Favourable E1 Local Centre zoning which permits shop-top housing^
• Rear Lane access via Little Oxford Street
• Located opposite the new 'Oxford and Foley' development by TOGA providing countless retail tenants, restaurants, cafes and bars just metres from the property
177 Oxford Street, Darlinghurst is offered for sale by negotiation.
For further information, please contact the exclusive selling agents.
* Approximately
^ Subject to Council Approval
Remember to mention you found this property on CommercialReady
Ray White Commercial (SC), on behalf of Barry Taylor and Todd Gammel of HLB Mann Judd as the court appointed trustees of sale pursuant to s 66G Conveyancing Act 1919 (NSW), is pleased to exclusively present to market 177 Oxford Street, Darlinghurst for sale. Price guide - $3,700,000.
Leased to the Stonewall Hotel on the ground floor and Millk Medi Spa on the second floor, this high exposure multi-level freehold building offers a secure dual income stream and the opportunity to reposition the asset via flexible zoning controls in the prime area of Oxford Street opposite the new 'Oxford and Foley' development by TOGA.
Additional highlights of the asset include:
• Three level building with ground floor retail and 2 levels of commercial space
• Building Area: 329 sqm*
• Land Area: 183sqm*
• Secure dual income stream generated from two long standing tenants
• Passing gross income $192,694.88 with additional rental upside
• Four (4) separate lettable areas across three (3) levels of building
• Favourable E1 Local Centre zoning which permits shop-top housing^
• Rear Lane access via Little Oxford Street
• Located opposite the new 'Oxford and Foley' development by TOGA providing countless retail tenants, restaurants, cafes and bars just metres from the property
177 Oxford Street, Darlinghurst is offered for sale by negotiation.
For further information, please contact the exclusive selling agents.
* Approximately
^ Subject to Council Approval
Remember to mention you found this property on CommercialReady
177 Oxford Street, Darlinghurst, NSW, 2010