Mercer Property presents 107-113 Crown Street, Darlinghurst to the market for sale by public auction.
A landmark warehouse style property in a prominent city-fringe location, this building has been home to the renowned gym operator since 1978. Listed for sale with a short-term remaining on the lease, this represents an extraordinary opportunity for an astute buyer to reposition the property into a high-quality mixed-use building with the added potential of unlocking additional floor space and significant value (STCA).
Key Investment highlights
+ Large 1,827sqm* building with further upside (STCA)
+ Land area 768.8sqm*
+ 2.5:1 Floor space ratio
+ B4 mixed use zoning
+ Height limit 18m
+ Flexible floor plates
+ Ability to significantly revise rental
+ Passing income (Aug 2026 expiry)
+ Substantial building in excellent city fringe location
*Approximately
Mercer Property is offering 100% freehold interest in 107-113 Crown Street, Darlinghurst for sale by public auction on Tuesday 15th November 2022 at 10:30 am (AEDT).
The size of Darlinghurst is approximately 0.9 square kilometres. It has 10 parks covering nearly 2.1% of total area. The population of Darlinghurst in 2016 was 11320 people. By 2021 the population was 10615 showing a population decline of 6.2% in the area during that time. The predominant age group in Darlinghurst is 30-39 years. Households in Darlinghurst are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Darlinghurst work in a professional occupation.In 2021, 36.10% of the homes in Darlinghurst were owner-occupied compared with 36.30% in 2016.
Darlinghurst has 9,520 properties. Over the last 5 years, Houses in Darlinghurst have seen a 34.44% increase in median value, while Units have seen a 3.21% increase. As at 31 December 2025:
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