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27/118 Crown Street Darlinghurst, NSW 2010

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27/118 Crown Street,
Darlinghurst, NSW 2010

Shop & Retail • Medical & Consulting • Offices

Price information

Sale

For Sale

Key property information

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Partially Leased
Est. Incomep.a.
$187,300
Number of Tenants
1 Tenant

Private inspections

to arrange a private inspection.

Map of 27/118 Crown Street

Directions
  • Train stations within 5 km of 27/118 Crown Street, Darlinghurst, NSW 2010Distance
    Kings Cross Station559 m
    Museum Station640 m
    St James Station736 m
    Town Hall Station905 m
    Martin Place Station982 m
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  • Tram stops within 5 km of 27/118 Crown Street, Darlinghurst, NSW 2010Distance
    Capitol Square Light Rail Station1.1 km
    Central Station Light Rail1.2 km
    Paddy's Markets Light Rail1.3 km
    Exhibition Light Rail Station1.6 km
    Convention Light Rail Station1.7 km
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  • Bus stops within 5 km of 27/118 Crown Street, Darlinghurst, NSW 2010Distance
    William St at Palmer St66 m
    William St After Crown St97 m
    Crown St at Suttor St113 m
    Crown St at Robinson St137 m
    Stanley St at Crown St137 m
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City Fringe Investment Opportunity w/ Parking (Receivers and Managers appointed)

  • Sought after City Fringe Location
  • Estimated Fully leased income $185,200*
  • Receivers and Managers Appointed
Ray White Commercial Metropolitan Sydney is pleased to present this exclusive investment opportunity at Lot 27 / 118 Crown Street, Darlinghurst for sale via private treaty. The agents are appointed under instructions from the Receivers and Managers, Stephen Dixon and Leigh Dudman of Hamilton Murphy Advisory.

The shop front of this boutique investment opportunity is located on the fringe of the Sydney CBD and moments to nearby Kings Cross and Oxford Street hubs. The retail space is fitted as a restaurant, currently trading as 'The Colonial'.

An incoming purchaser has the opportunity to secure a further income stream from leasing the 4 vacant car spaces offered as part of the sale in this sought after city fringe location.

The property boasts the following highlights:

- Net lettable area of approximately 263sqm* (retail space + parking)
- Estimated fully leased income of $187,940 p.a.*^ (Excl. GST.)
- Current rent of $163,940 p.a.* (Excl. GST.)
- Rent is subject to annual CPI uplifts
- Lease expiry June 2023 (Options - 5 + 5 years)
- 5 car parking spaces on title with potential to rent separately
- 400m* to Sydney's Hyde Park, 500m* to Oxford Street and 900m* to Kings Cross

The property is offered for sale via Private Treaty.

For further information, to organise a private inspection or to obtain a contract of sale please contact the exclusive selling agents.


Samuel Hadgelias
Director
Ray White Commercial - Metropolitan Sydney
0403 254 675
shadgelias@raywhite.com

Steven O'Neill
Sales Associate
Ray White Commercial - Metropolitan Sydney
0421 728 792
soneill@raywhite.com

*approx
^Estimated fully leased income assumes car parking spaces are fully rented. The rental figure quoted for these car parks is based on the previous lease agreement. All figures are subject to market.

Additional information

Property ID: 503527002Last Updated: 12 Oct 2020

0403 *** ***
realcommercial.com.au logo
27/118 Crown Street
Darlinghurst, NSW 2010

Agency contacts

Ray White Commercial NSW - Metropolitan Sydney

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Samuel Hadgelias
Ray White Commercial NSW - Metropolitan Sydney
27/118 Crown Street Darlinghurst, NSW 2010

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I’m interested in this property. Could you please provide me with more information.

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  • Samuel Hadgelias

    Ray White Commercial NSW - Metropolitan Sydney
    0403 *** ***