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245 Oxford Street
Darlinghurst NSW 2010
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Sold on 28 Mar 2023

245 Oxford Street Darlinghurst NSW 2010

  • Shop & Retail
  • 200 m²
  • Sold, $2,960,000

Brand New 5 Year Net Lease | Inner-City Sydney Freehold Investment

Ideally located on iconic Oxford Street
New 5 year lease with options to 2037
Attractive 3.5% rent increases
Oxford Agency & Burgess Rawson are pleased to offer to market the 245 Oxford Street, Darlinghurst NSW for sale via our Investment Auction Portfolio 159.

The property has the following investment highlights:

_ Brand new 5 year lease to 2027 plus options to 2037.
_ Kissuu: restaurant, bar & hospitality venue founded by hospitality expert Paul Schulte, Ex-Nobu Chef Adam Bourke & Music Curator, Rich Penny.
_ Favourable fixed 3.5% annual rent increases.
_ Net lease- tenants paying all usual outgoings including land tax and management fees.
_ Impressively fitted out 2 storey restaurant and bar on the iconic Oxford Street. It's the creation of Paul Schulte (ex-Prince York) creative director of Hunger Group (Café Parker).
_ Liquor licence till 2 am.
_ Located on Oxford Street, a major arterial road into Sydney's prestigious Eastern Suburbs.
_ Affluent young population of over 240,000 within the inner-city region. The most populated age demographic being the 20-40yr old bracket.*
_ Situated perfectly to take advantage of the extensive list of hospitality, entertainment, and sporting events within close proximity.
_ Easily managed single tenant investment.
_ Net Income: $180,000 pa** + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Tuesday 28 March 2023
Sydney Opera House

Please contact the exclusively appointed Oxford Agency & Burgess Rawson team for more information.

*Australian Bureau of Statistics
**Approx

Oxford Agency
Oxford Agency
40-42 Flinders St
Darlinghurst, NSW 2010

Property Highlights

Date Sold28 Mar 2023
Sold Price$2,960,000
Floor Area200 m²
Land Area95 m²
ParkingAsk Agent
Property ID2018448466
Category
Last updated  29 Mar 2023
Map for 245 Oxford Street Darlinghurst NSW 2010

Nearest transport* to 245 Oxford Street Darlinghurst NSW 2010

Bus
Train
Tram
Ferry
Oxford St After South Dowling St11 m
Darlinghurst Rd At Oxford St61 m
Oxford St At West St161 m
Taylor Square177 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Oxford Agency
Oxford Agency
40-42 Flinders St
Darlinghurst, NSW 2010

Property Highlights

Date Sold28 Mar 2023
Sold Price$2,960,000
Floor Area200 m²
Land Area95 m²
ParkingAsk Agent
Property ID2018448466
Category
Last updated  29 Mar 2023

Co-Agents

Ralph Garofano
Ralph Garofano
Oxford Agency
Call
0413 008 080
Daniel Marano
Daniel Marano
Oxford Agency
Call
0430 458 223

More about 245 Oxford Street Darlinghurst NSW 2010

245 Oxford Street Darlinghurst NSW 2010 is categorized as Shop & Retail Property. It has a floor area of 200 m² and a land area of 95 m². The listing ID for this property is 2018448466.

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