Retail for Sale

2/185-189 Darlinghurst Road Darlinghurst, NSW 2010

Auction
  • Building/Land: 73m²

Auction details

  • Auction
    24June10:30am
    10:30am
    Auction Works, Mezzanine Level/50 Margaret St, Sydney NSW 2000

Auction location: Auction Works, Mezzanine Level/50 Margaret St, Sydney NSW 2000

Contact the agent if you'd like further information.

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Retail for Sale in Darlinghurst

LEASED HIGH YIELDING & READY TO SELL!

  • Building/Land: 73m²

RWC South Sydney is proud to exclusively offer for sale 2/185-189 Darlinghurst Road via Auction on the 24 June 2025.

Nestled amongst prime retail, eateries and a rejuvenated bar scene the opportunity to acquire a safe and prime versatile asset is offered with a strong existing lease in place. With recognised inner city growth plus an additional new wave of gentrified and cultured evolving residential and commercial local Darlinghurst market, investments to hold and grow are scarce.

Benefitting from foot-traffic, moments from Kings Cross train station and meters from the bus stop and vehicle traffic along Darlinghurst road the established operators DTMP Enterprise Pty (Trading as Savoey Restaurant & Bar) have secured a further 5 year lease with options recently executed in November 2024.

  • Established operator with long term lease
  • Grease trap and commercial kitchen
  • Prime dining + liquor licensed
  • 5 x 5 year lease
  • Starting year 1 rent @$91,000 plus GST
  • Term (5) years starting on November 1 2024 and ending on 31 October 2029
  • Option (5) years starting on November 1 2029 and ending on 31 October 2034
  • Annual increases FIXED @4% per annum

For Sale via Auction
Tuesday 24th June 2025, 10:30am
Auction location: Mezzanine Level/50 Margaret St, Sydney NSW 2000

For a copy of the Information Memorandum and to discuss the opportunity further, please contact the exclusive agent Michael Hatz .

Building:

73m²

Land:

73m² / 0.02 acres

Tenancy:

Tenanted

Categories:

Retail, Medical/Consulting, Offices

2/185-189 Darlinghurst Road, Darlinghurst, NSW 2010
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