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Mercer Property - SYDNEY

72-74 Stanley Street Darlinghurst, NSW 2010

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72-74 Stanley Street,
Darlinghurst, NSW 2010

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Mercer Property - SYDNEY
Matt Davoren
Tom Speakman

Mercer Property - SYDNEY

Suite 4.17, Lawson Place, 167 Phillip Street
SYDNEY, NSW 2000
Mercer Property - SYDNEY
72-74 Stanley Street
Darlinghurst, NSW 2010

Map of 72-74 Stanley Street

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An iconic city-fringe freehold investment

  • Leased investment
  • Dual level cafe/restaurant
  • Established business & location
Mercer Property is delighted to present to the market for sale by Expressions of Interest 72-74, Stanley Street, Darlinghurst.

The property presents a wonderful opportunity to acquire an iconic freehold building leased to Sydney institution, Bill and Toni's Italian Restaurant.

The incredible position and double-fronted terrace building offers a highly desirable investment proposition, featuring two levels of cafe/restaurant space, dual street access and rear parking for up to 2-3 cars.

Investment Highlights:

- Long-term 7 year lease (5 years remaining) to 2027, with an option until 2032
- Gross income: $228,424.00* + GST per annum
- 2 x commercial kitchens, ground floor and level 1
- Character and traditional Italian inspired fitout
- Renowned and established hospitality precinct
- Excellent proximity to the CBD
- Valuable on-premise license
- Previous approval to build an outdoor terrace to the rear of the property

*approximately

Mercer Property is offering 72-74 Stanley Street, Darlinghurst for sale by Expressions of Interest, closing on Thursday 25th August 2022 at 3:00 pm (AEST)

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

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