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Highlight:

Freehold Building, 159 Oxford Street, Darlinghurst.
Situated in the Taylor Square Precinct, this fully Leased Investment benefits from high volumes of vehicle and pedestrian flow from its vibrant location. Oxford Street is one of the main thoroughfares in Darlinghurst and is famous for its bustling nightlife, restaurants, bars, and shops.
• Level 1 and level 2 are currently rented by a long-term tenant (over 15 years) with no lock in contract.
• Ground level is currently rented by a good hospitality operator with a 5+5-year contract.

Key Features:
⁃ Fully leased Investment
⁃ Vibrant Taylor Square Location
⁃ Land area of 133sqm
⁃ Building area of Building area 230sqm approximate.
⁃ Currently combined rent for 2 shops is $120231,96 p/a (Potential to increase the rent for the shop in level 1 and 2 due to no locked in contract)
⁃ Great value add opportunity


Outgoing details:

- 4645.2 pa for council
- 1359.28 for water rate
- Total is $6004.48
- Annual net rent is $114227.48