RWC South Sydney is proud to exclusively offer for sale 2/185-189 Darlinghurst Road
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 a copy of the Information Memorandum and to discuss the opportunity further, please contact the exclusive agent Michael Hatz .
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 9,529 properties. Over the last 5 years, Houses in Darlinghurst have seen a 35.09% increase in median value, while Units have seen a 5.44% increase. As at 30 November 2025:
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