A Prime Freehold Building In A Premium Inner-city Location
Address
107-113 Crown Street, Darlinghurst
NSW
Area
1827.00 m²
Details
Mercer Property presents 107-113 Crown Street, Darlinghurst to the market for sale by public auction.
A landmark warehouse style property in a prominent city-fringe location, this building has been home to the renowned gym operator since 1978. Listed for sale with a short-term remaining on the lease, this represents an extraordinary opportunity for an astute buyer to reposition the property into a high-quality mixed-use building with the added potential of unlocking additional floor space and significant value (STCA).
Key Investment highlights
+ Large 1,827sqm* building with further upside (STCA)
+ Land area 768.8sqm*
+ 2.5:1 Floor space ratio
+ B4 mixed use zoning
+ Height limit 18m
+ Flexible floor plates
+ Ability to significantly revise rental
+ Passing income (Aug 2026 expiry)
+ Substantial building in excellent city fringe location
*Approximately
Mercer Property is offering 100% freehold interest in 107-113 Crown Street, Darlinghurst for sale by public auction on Tuesday 15th November 2022 at 10:30 am (AEDT).
A landmark warehouse style property in a prominent city-fringe location, this building has been home to the renowned gym operator since 1978. Listed for sale with a short-term remaining on the lease, this represents an extraordinary opportunity for an astute buyer to reposition the property into a high-quality mixed-use building with the added potential of unlocking additional floor space and significant value (STCA).
Key Investment highlights
+ Large 1,827sqm* building with further upside (STCA)
+ Land area 768.8sqm*
+ 2.5:1 Floor space ratio
+ B4 mixed use zoning
+ Height limit 18m
+ Flexible floor plates
+ Ability to significantly revise rental
+ Passing income (Aug 2026 expiry)
+ Substantial building in excellent city fringe location
*Approximately
Mercer Property is offering 100% freehold interest in 107-113 Crown Street, Darlinghurst for sale by public auction on Tuesday 15th November 2022 at 10:30 am (AEDT).
