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Mercer Property - SYDNEY

Ground Floor & Level 1, 163 - 167 William Street Darlinghurst, NSW 2010

Directions

Ground Floor & Level 1, 163 - 167 William Street,
Darlinghurst, NSW 2010

Showrooms & Bulky Goods • Shop & Retail

Price information

Sale - Auction Tue 11 May

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Key property information

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$178,815

Auction

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Mercer Property - SYDNEY
Ground Floor & Level 1, 163 - 167 William Street
Darlinghurst, NSW 2010
Mercer Property - SYDNEY

Mercer Property - SYDNEY

Suite 4.17, Lawson Place, 167 Phillip Street
SYDNEY, NSW 2000

Map of Ground Floor & Level 1, 163 - 167 William Street

Directions
  • Train stations within 5 km of Ground Floor & Level 1, 163 - 167 William Street, Darlinghurst, NSW 2010Distance
    Kings Cross Station339 m
    Museum Station850 m
    St James Station945 m
    Town Hall Station1.1 km
    Martin Place Station1.1 km
    POWERED BY HERE ©
  • Tram stops within 5 km of Ground Floor & Level 1, 163 - 167 William Street, Darlinghurst, NSW 2010Distance
    Capitol Square Light Rail Station1.3 km
    Central Station Light Rail1.4 km
    Paddy's Markets Light Rail1.5 km
    Exhibition Light Rail Station1.8 km
    Convention Light Rail Station1.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Ground Floor & Level 1, 163 - 167 William Street, Darlinghurst, NSW 2010Distance
    Williams St at Bourke St29 m
    William St Before Dowling St89 m
    William St at Palmer St187 m
    Crown St at Robinson St245 m
    Crown St at Suttor St257 m
    POWERED BY HERE ©
POWERED BY HERE ©

Circa 6.50% Net Yield Anticipated – 100% Fully Leased Investment

- 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

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: 0416 867 155

Property ID: 503465522Last Updated: 20 Apr 2021

Agency contacts

Mercer Property - SYDNEY
Suite 4.17, Lawson Place, 167 Phillip Street
SYDNEY, NSW 2000
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Dillon Frain

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Dillon Frain
Mercer Property - SYDNEY
Ground Floor & Level 1, 163 - 167 William Street Darlinghurst, NSW 2010

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

Kind Regards,

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