FOR SALE
AUCTION

177 Oxford Street
Darlinghurst NSW 2010

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 329m2
Land area: 183m2
Auction Time
Wed 11 Dec 10:00 am
Inspection Times
No upcoming inspections scheduled.
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HIGH EXPOSURE OXFORD STREET FREEHOLD INVESTMENT (TRUSTEES APPOINTED)

Ray White Commercial (SC), on behalf of Barry Taylor and Todd Gammel of HLB Mann Judd as the court appointed trustees of sale pursuant to s 66G Conveyancing Act 1919 (NSW), is pleased to exclusively present to market 177 Oxford Street, Darlinghurst for sale via Auction.
Leased to the Stonewall Hotel on the ground floor and Millk Medi Spa on the second floor, this high exposure multi-level freehold building offers a secure dual income stream and the opportunity to reposition the asset via flexible zoning controls in the prime area of Oxford Street opposite the new 'Oxford and Foley' development by TOGA.
Additional highlights of the asset include:
• Three level building with ground floor retail and 2 levels of commercial space
• Building Area: 329 sqm*
• Land Area: 183sqm*
• Secure dual income stream generated from two long standing tenants
• Passing gross income $192,694.88 with additional rental upside
• Four (4) separate lettable areas across three (3) levels of building
• Favourable E1 Local Centre zoning which permits shop-top housing^
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Property Details for 177 Oxford St, Darlinghurst

Building Type
Commercial
Floor Size
329m2
Land Size
183m2

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About Darlinghurst 2010

The size of Darlinghurst is approximately 0.9 square kilometres. It has 10 parks covering nearly 2.1% of total area. The population of Darlinghurst in 2011 was 10,060 people. By 2016 the population was 11,325 showing a population growth of 12.6% in the area during that time. The predominant age group in Darlinghurst is 30-39 years. Households in Darlinghurst are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Darlinghurst work in a professional occupation. In 2011, 37.7% of the homes in Darlinghurst were owner-occupied compared with 36.3% in 2016.

Darlinghurst has 9,439 properties. Over the last 5 years, Houses in Darlinghurst have seen a 32.77% increase in median value, while Units have seen a 16.02% increase. As at 31 October 2024:

  • The median value for Houses in Darlinghurst is $2,526,594 while the median value for Units is $1,120,921.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 32 properties listed for sale, and 39 properties listed for rent in Darlinghurst on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in Darlinghurst.

Suburb Insights for Darlinghurst 2010

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Samuel Hadgelias
Nick Ward
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.