107-113 CROWN STREET, DARLINGHURST

Size: 1827m² Approximately

For Sale :

Iconic Darlinghurst warehouse conversion:- Potential to owner occupy or refurbished investment.

107-111 Crown Street, Darlinghurst is a well-positioned asset that offers the flexibility of occupying "as is" being re-furbished or redeveloped.

The property has been home to the world renowned City Gym, which has been a fitness industry icon since 1978.

The asset has strong appeal, in particular, for purchasers looking for development or repositioning opportunities within the strong city fringe market.

107- 111 Crown Street, Darlinghurst is a compelling investment proposition and can be summarized as follows;

- Warehouse conversation; Sawtooth roof with exposed timber ceiling frames and 3m ceilings.

- Western Crown Street location with commanding frontage to Crown Street and Crown Lane;

- Existing building of circa 1,827 square meters, ready for a complete and ground up refurbishment or re-position;

- Original character features that can be highlighted during the refurbishment;

- Floor plates that offer flexible break ups or strong whole floor tenancies, but could also suit a whole building occupant;

Beyond the obvious asset fundamentals outlined above, the long-term vision for 107- 111 Crown Street, Darlinghurst is the highly attractive proposition to attain an irreplaceable "main street" freehold asset with current and future upside.

Consider:-
- Premier fringe CBD location
- Wide frontage to Crown Street, Darlinghurst's premier position.
- Redevelopment or refurbish opportunity.
- Versatile building and usage

PROPERTY OVERVIEW

Property ID:
1P5091
Property Type:
Office
Land Size:
768.8m² Approximately
Building Size:
1827 m²
Frontage:
24 m

FEATURES

Air Conditioning
Close to Transport
Close to Shops
Creative
High Clearance
Kitchenette
Toilet Facilities

OUTGOINGS

Water Rates:
$12000 Yearly
Council Rates:
$31000 Yearly
Land Tax:
$130000 Yearly