3/64-64B Darlinghurst Road Potts Point NSW 2011

Unlock the potential of this 18-room boutique hotel, centrally located in Sydney's sought-after Potts Point/Kings Cross locale. Recently refurbished and leased to a long-term head-lease tenant, this property offers security with a 5 + 5-year lease, generating $299,520 net annually, with 5% yearly increases.

Nestled on Darlinghurst Road, enjoy immediate access to renowned bars, top-tier dining, boutique shopping, and luxury residences. Just steps from Kings Cross Station, this vibrant hub, rumoured to be Sydney's future "New Soho," promises unparalleled cultural and entertainment appeal, all within close proximity to the CBD and Sydney's Eastern Suburbs.

Key Features:

* 18 bedrooms, 8 full bathrooms, 9 showers, 1 WC
* 4 levels of accommodation
* Air conditioning in all rooms; communal WC facilities
* Reception lounge on the first level
* Zoned B2 Local Centre with a 22m height limit, FSR 3:1
* Returning $299,520 Per Annum Gross

Surrounded by new residential projects and redevelopment proposals, this property is perfectly situated for future growth and returns. Additionally, strata levies cover public liability and income loss insurance, ensuring peace of mind.

Step into Sydney's evolving hub. Secure this incredible investment with exceptional income and potential for redevelopment.