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Commercial
102 Burton Street
Darlinghurst

Sold

A freestanding block of 9 apartments (plus a ground-floor commercial space) offered in one line. With its 1970s ambiance in a quality building, this substantial holding has scope for ongoing investment returns and future upside. Potential to update the existing apartments, adding value and increasing net yield. Opposite the National Art School, near a range of dining precincts and business hubs. Just 750m to Hyde Park and the CBD.

Highlights

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    Features

  • Information Memorandum on request
  • Entire apartment block selling in 1 line
  • 8 apartments + G-floor commercial
  • In both a desirable & strategic location
  • Suits a variety of investment strategies
  • Large common roof w/ panoramic views
  • Actual income from ‘21 P&L $459,224
  • Total land holding approx. 518sqm
  • Zoned R1 in a village precinct

    Property Information

  • Internal size approx 1130m2
  • Land size 518m2
  • Council Rates $12802 / yr
  • Water Rates $2000 / yr

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