I.B Property is pleased to present 103-105 Oxford Street, Darlinghurst, a three-storey building comprising ground floor retail space and two floors of office space, spanning a land area of 208qm*. Boasting parking at the rear and favorable zoning as E1 Local Centre, this property enjoys exceptional street exposure and a substantial frontage. Featuring New York-style office space, it generates a net income of $125,685.12 per annum*.
Situated in the prime section of Oxford St between Crown & Riley Street, it stands opposite the prestigious Oxford and Foley development by TOGA, set to house SONY Music headquarters and an impressive array of retail tenants including Esca Group, Crumpler, MAPO gelato, and MAAP cycling, among others. Offering a fully leased investment opportunity with diversified income streams, it presents significant potential for rent increases and asset repositioning, making it an enticing prospect for astute investors.
Key Highlights:
- Three-storey building with ground floor retail & 2 floors of office space
- Land area 208qm*
- Parking at rear
- Favourable zoning E1 Local centre
- Great street exposure with huge frontage
- New York Style Office space
- Net income of $125,685.12 per annum*
- Located in the best part of Oxford St between Crown & Riley Street * Across from the new Oxford and Foley development being undertaken by TOGA which will be home to SONY Music headquarters and an amazing collection of retail tenants including Esca Group, Crumpler, MAPO gelato, MAAP cycling to name a few.
- Fully leased investment opportunity with diversified income streams
- Massive opportunity to increase current rents and reposition the asset
103-105 Oxford Street, Darlinghurst will be for sale via Public Auction on Thursday, 16th of May 2024 at 10:30am.
For more information or to book an inspection, contact the exclusive agents Steffan Ippolito 0403 347 111 and Daniel Cipolla 0450 633 644.
