397 Liverpool Street

  • 2 bedrooms
  • 1 bathrooms

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
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