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Darling Square Retail 70 Hay Street
Haymarket NSW 2000
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Sold on 31 Jan 2024

Darling Square Retail 70 Hay Street Haymarket NSW 2000

  • Shop & Retail
  • 4,516 m²
  • Sold

Darling Square Retail

  • Highly connected Sydney CBD location
  • Modern retail accommodation
  • 100% occupancy

Colliers is delighted to present a rare opportunity to acquire a 100% leasehold interest in Darling Square Retail, a vibrant and strong performing dining and retail offering comprising 44 retailers in a recently developed, award winning mixed-use precinct.

The offering comprises the leasehold retail stratums across the North-East, South-East and South-West plots.

Situated in a prestigious location at the crossroads of the Sydney CBD, Darling Harbour, Haymarket, and Chinatown districts, Darling Square Retail is one of Sydney's most connected dining precincts. Fully occupied and home to some of Sydney's best food operators, Darling Square Retail attracts foot traffic from residents, office workers, students and tourists.

Darling Square Retail Highlights
• Located at the south-western edge of the Sydney CBD
• Strong connectivity to the broader Sydney Metropolitan region
• Modern retail accommodation completed in 2019
• 100% occupancy
• Total MAT of $64.7 million¹
• Impressive specialty productivity of $18,126 per sqm²
• Estimated fully leased NOI of $5.25 million³
• Wider resident trade area population of nearly 1.9 million

This rare opportunity to acquire a 100% leasehold interest in Darling Square Retail is being offered for sale by Expressions of Interest (EOI) closing Friday, 20th October 2023, at 2:00 pm (AEDT).

For further information on the sale process or to arrange an inspection of Darling Square Retail, please contact the exclusive selling agent:

Lachlan MacGillivray
Managing Director, Asia Pacific
Retail Capital Markets
+61 413 053 919
lachlan.macgillivray@colliers.com

*All figures are approximate
¹ MAT is GST inclusive as at Aug-2023. Excludes MAT from tenants no longer trading
² Analysis on productive proportion of tenants only, excluding tenants trading <12 months
³ Fully leased income as at 31 December 2023
Location IQ - Darling Square, Sydney (September 2023)

EXPRESSION OF INTEREST

Closing date and time20/10/2023 14:00
Recipient nameAsk Agent
Delivery address2pm AEDT

Property Highlights

Date Sold31 Jan 2024
Floor Area4,516 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018813775
Category
Last updated  8 Feb 2024
Map for Darling Square Retail 70 Hay Street Haymarket NSW 2000

Nearest transport* to Darling Square Retail 70 Hay Street Haymarket NSW 2000

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Property Highlights

Date Sold31 Jan 2024
Floor Area4,516 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018813775
Category
Last updated  8 Feb 2024
Grosvenor Place Level 30/225 George St Sydney NSW 2000

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