CBRE as exclusive listing agents are pleased to present 24-34 Hardie Street, Darlinghurst. The property represents a rare opportunity to acquire 6 separately titled City-Fringe terraces in-one-line, positioned on a lucrative 637sqm* MU1 Mixed Use landholding presenting further development upside (STCA).
24-34 Hardie Street, Darlinghurst benefits from the following key attributes:
-Comprising 6 x 4-bed separately titled terraces to be sold in-one-line -Substantial 637sqm* site area with high density planning controls allowing approximately 2,000sqm* of permissible GFA (STCA) -Current passing gross income of $390,000 p.a.*, with the ability for rental reversion -Flexible MU1 Mixed Use zoning allowing for accommodation, hotel, office, retail and residential development with an 18m height limit and rear street access via Hayden Place. -Set to benefit from Sydney's rental boom, significantly driving city fringe rental values -Centrally positioned in Darlinghurst's lively village surrounded by cafes, restaurants, bars and in proximity to St Vincent's Hospital (200m*). -Ability to refurbish terraces to sell down individually and capitalise on the strengthening residential owner-occupier market, or hold for secure investment. -Ability to engage current planning controls and undertake new construction development
24-34 Hardie Street, Darlinghurst will be sold via Expressions of Interest closing Wednesday 21st June 2023 at 3pm
For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents