Terrace, Studio & Land Totaling 109 Sqm Of Land In Darlinghurst

DEVELOPMENT OPPORTUNITY

• Accommodating a traditional 2 bedroom terrace (Rental potential $550.00 – $600.00 per week)
• Separate self-contained studio & garden courtyard (Rental potential $380.00 – $400.00 per week)
• 1 x car-space currently let at $93.00 per week
• Total potential rental income $1,093.00 per week
• The property offers valuable dual street frontage
• Handy rear street access Via Little Oxford Street, leading to a wide 13 metre frontage
• Currently used as studio, off street parking & courtyard approx on 76 sqm of vacant land
• Ideal value add opportunity in the heart of vibrant Darlinghurst
• Flexible zoning with both commercial and residential opportunities
• Home and income or redevelopment

Redesign / redevelop / invest and rent, the choice is yours.

Developers note

• B4 mixed use zoning
• 12-meter height limit
• FSR 1.75:1

Situated in a quiet street scape, within a short stroll to Taylor Square, Crown Street & Oxford Streets.

Auction Saturday 3rd December 2022 onsite at 1:30pm

Inspections Thursdays & Saturdays 11-11:30 am