Fully Leased Prime Dual-Fronted 16 Room Boutique Hotel & Established Licensed Restaurant & Bar

  • Sold $8,500,000
114 Darlinghurst Road & 231 Victoria Street, Darlinghurst NSW
Featured Commercial Sold

Fully Leased Prime Dual-Fronted 16 Room Boutique Hotel & Established Licensed Restaurant & Bar

114 Darlinghurst Road & 231 Victoria Street, Darlinghurst NSW
  • 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

Floor Plans

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Description:

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Dominic D’Ettorre
  • Dominic D’Ettorre