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.