102 Burton Street,
Darlinghurst, NSW 2010

Other

Key property information

Land area

Floor area

Property extent

Sold on

Map of 102 Burton Street

Directions

Entire block to be sold in one line

A freestanding block of 9 apartments (plus a ground-floor commercial space) offered in one line. With its 1970s ambiance in a quality building, this substantial holding has scope for ongoing investment returns and future upside. Potential to update the existing apartments, adding value and increasing net yield. Opposite the National Art School, near a range of dining precincts and business hubs. Just 750m to Hyde Park and the CBD.

Highlights
* Information Memorandum on request
* Entire apartment block selling in 1 line
* 8 apartments + G-floor commercial
* In both a desirable & strategic location
* Suits a variety of investment strategies
* Large common roof w/ panoramic views
* Actual income from '21 P&L $459,224
* Total land holding approx. 518sqm
* Zoned R1 in a village precinct

Darlinghurst, 2010 demographic data

The median household income for Darlinghurst is $2,279, 10% higher than Greater Sydney's household income of $2,077. Darlinghurst has a similar age profile compared to the rest of Greater Sydney (median age 37). Property ownership data shows 52% of property owners in Darlinghurst have a mortgage.

10,615

Population

$2,279 per week

Median household income

37 years

Median age

Renters

Most residents

Singles

Most households