Fully Leased Prime Dual-Fronted 16 Room Boutique Hotel & Established Licensed Restaurant & Bar
- Sold $8,500,000
Fully Leased Prime Dual-Fronted 16 Room Boutique Hotel & Established Licensed Restaurant & Bar
- Sold $8,500,000
Description
D’Ettorre Real Estate is pleased to offer this fully leased free-hold commercial property at 114 Darlinghurst Road & 231 Victoria Street, Darlinghurst to the market.
Two separate leases to a professional hotel operator & popular Italian restaurant & wine bar proprietor
Comprising of two valuable street frontages
GAR combined income $443,211.79 P.A. + GST
Sydney Boutique Hotel comprises of a reception area and 16 self-contained rooms
Sydney Boutique Hotel rent: $337,090.92 + GST P.A.
Bella Restaurant & Wine Bar enjoys two entries and runs through to both street frontages
Bella Restaurant & Wine Bar rent: $106,120.80 + GST P.A.
Property profile
- Freehold offering
- Key position with double street frontages via Darlinghurst Road and Victoria Street
- Zoned MU1 – Mixed Use
- Height: 18m
- FSR: 2.5:1
- Land size 247 sqm
- Set amongst Sydney’s premiere medical precinct
Located in vibrant Darlinghurst at the heart of the restaurant and café precinct.
Only a short stroll to Sydney’s premiere medical precinct: Garvan Institute, St Vincent’s Hospital & Lowy Packer Cancer Research Centre. Walking distance to Kings Cross Train Station & Rushcutters Bay Harbour foreshores.
Inspections: By private appointment.
Details
Updated on November 9, 2023 at 8:51 am-
Property ID DET-14222
-
Price Sold $8,500,000
-
Land Area 247 m²
-
Bedrooms 16
-
Bathrooms 16
-
Property Status Commercial Sold