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Sold on 7 May 2021

GF & L1/163-167 William Street Darlinghurst NSW 2010

  • Showrooms / Bulky Goods
  • 352 m²
  • Sold

Circa 6.5% Net Yield Anticipated 100% Fully Leased Investment

    - High Exposure Darlinghurst address
    - Leased to two individual tenants
    - High end fit-outs

    Mercer Property is delighted to present to the market for sale 163-167 William Street Darlinghurst, a rock solid, dual income investment opportunity on the city fringe.

    Set over two levels, this property is immaculately presented. Recently having undergone a major ground up renovation and conversion into a high-end art gallery on the ground floor, and hair salon on level 1. Level 1 also has the ability for a secure car space to be re-instated off the rear lane.

    The property features 4 metre high ceilings on the ground floor, making it perfect for its current use as an art gallery. Leased to two separate tenants in Chalk Horse Gallery and Goldie Sydney, this dual occupancy property offers investors a low risk, high return opportunity.

    Property particulars;
    - Strata Area: 352sqm*
    - Dual occupancy & income
    - B4 Mixed use zoning - Retail, Commercial and possibly residential (S.T.C.A)
    - Current Net income: $178,815.29 p.a. + GST
    - Strong annual increase and security

    *approximately

    OFI TIMES:

    Monday 19th April 10am - 10:30am
    Monday 26th April 10am - 10:30am
    Monday 3rd May 10am - 10:30am
    Monday 10th May 10am - 10:30am

    Lot 10/163-167 William Street, Darlinghurst will be offered to the market for sale via Public Auction, 11th May 2021 at 10.30am sharp.

    AUCTION VENUE:
    AuctionWORKS,
    Mezzanine Level, 50 Margaret
    Street, Sydney NSW 2000

    A comprehensive Information Memorandum & Sale contract can be made available through the exclusive agents;

    Tom Speakman: 0412 891 330
    Dillon Frain: 0416867155

    AUCTION

    Auction date and time11/05/2021 10:30
    Auction locationAuction Works
    Tom Speakman
    Mercer Property
    Tom Speakman
    Mercer Property
    Dillon Frain
    Mercer Property
    Dillon Frain
    Mercer Property

    Property Highlights

    Property ID2016068680
    Date Sold7 May 2021
    Floor Area352 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  7 May 2021
    Map for GF & L1/163-167 William Street Darlinghurst NSW 2010
    Map for GF & L1/163-167 William Street Darlinghurst NSW 2010GF & L1/163-167 William  Street Darlinghurst NSW 2010
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Tom Speakman
    Mercer Property
    Tom Speakman
    Mercer Property
    Dillon Frain
    Mercer Property
    Dillon Frain
    Mercer Property

    Property Highlights

    Property ID2016068680
    Date Sold7 May 2021
    Floor Area352 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  7 May 2021
    Mercer Property
    Level 45/19-29 Martin Place Sydney NSW 2000
    Tom Speakman
    Mercer Property
    Tom Speakman
    Mercer Property
    Dillon Frain
    Mercer Property
    Dillon Frain
    Mercer Property

    Ask Tom Speakman about this property

    Tom Speakman

    Tom Speakman

    Mercer Property

    Dillon Frain

    Dillon Frain

    Mercer Property

    0412 *** ***
    0412 891 330

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