SOLD
Sold on 16 Feb 2024 for $1,200,000

397 Liverpool Street
Darlinghurst NSW 2010

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 51m2
Sold By
Shannan Whitney
BresicWhitney Inner East
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Property Details for 397 Liverpool St, Darlinghurst

Building Type
Commercial
Land Size
51m2
Local Government
Sydney
Lot/Plan
2/DP510456

Last Listing description (July 2024)

Charming 2 level sandstone commercial terrace in central Darlinghurst position. Part of a line of sandstone terraces, the subject property is home to Grand Royal Barbers and amongst popular cafes and restaurants on the corner of Liverpool & Victoria Streets. With mixed zoning, it also has future potential as a residential house, along with low ongoing expenses with tenant paying water and electricity.

Highlights
* Leased to Grand Royal Barbers

* Lease expiry July 28. 5 year option
* Zoned MU1. FSR 2.5:1
* Income $58,344 pa. 2% yearly increases
* Long standing and established tenant
* 2 level building with small courtyard
* Total GFA 80sqm inclusive of courtyard
* Abundance of natural light throughout
* Outstanding position next to St Vincents
* Attractive building with secure income

Property History for 397 Liverpool St, Darlinghurst, NSW 2010

A timeline of how this property has performed in the market
Last Sold
$1,200,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $1,200,000
  • 06 Nov 2023
    Listed for Sale Not Disclosed
  • 02 Nov 2002
    Sold for $630,000
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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 9,523 properties.

    There are currently 29 properties listed for sale, and 47 properties listed for rent in Darlinghurst on OnTheHouse. According to CoreLogic's data, 320 properties were sold in the past 12 months in Darlinghurst.

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    Disclaimer
    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.