exclusive | Price: $3,825,000
Tightly held mixed use freehold with strong upside
City Residential Property together with Stanton Hillier Parker are pleased to present 105 Crown Street, Darlinghurst to the market for sale, after it has been tightly held for the past 52 years. This 3 storey mixed use freehold property consists of ground floor retail, offices on the first and second level with a 3 bedroom penthouse apartment and convenient back lane access. An absolute prime location in the very heart of the Darlinghurst village, one of Sydney’s most highly desirable and popular city fringe suburbs. The flexible B4-Mixed Use zoning paves the way for several exciting development opportunities, allowing retail, residential, commercial and hotel/motel development.
Vacant possession opportunity
Flexible B4 – Mixed Use zoning
Land area 189 sqm*
Net Lettable Area 484*
Height allowance 18 metres
FSR: 2.5:1
Street frontage 5.8m*
Net Income $197,640*
Convenient Crown Lane access at the rear
Set within desirable Stanley street precinct
Internal central natural light atrium
Residential development upside
First time on the market in 52 years
*Approx.
Co-agent; Steven Kruyer, Stanton Hillier Parker