Level 1 & 2, 163 William Street,
Darlinghurst, NSW 2010
Auction guide $2,800,000
Key property information
Map of Level 1 & 2, 163 William Street
Park your money here … $170,672.00 net return
- Leased to two individual tenants
- High end fit-outs
Mercer Property is delighted to present to the market for sale via public Auction, shops 1 & 2 / 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.
- 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
The property is being marketed for sale via public Auction and Inspections are strictly as per the inspection dates and time.
Mon 17th Feb 11:00AM - 11:45AM
Mon 24th Feb 11:00AM - 11:45AM
Mon 2nd Mar 6:00PM - 6:45PM
Mon 9th Mar 6:00PM - 6:45PM
Auction Venue: AuctionWORKS - Mezzanine Level, 50 Margaret Street, Sydney
Auction Time: 10:30am sharp
Auction Date: 10th March, 2020
A comprehensive Information Memorandum & Sales contracts can be made available through the exclusive agents;
Tom Speakman: 0412 891 330
Matt Davoren: 0410 488 437
Property ID: 503465522Last Updated: 31 Mar 2020