Darlinghurst

397 Liverpool Street

Highlights

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.

• 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