2/185-189 Darlinghurst Road, Darlinghurst, NSW 2010 sold on 15 October 2025 | OnTheHouse
 
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Sold on 15 Oct 2025 - Price Unavailable

2/185-189 Darlinghurst Road
Darlinghurst NSW 2010

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 73m2
Land area: 73m2
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Property Details for 2/185-189 Darlinghurst Rd, Darlinghurst

Building Type
Commercial
Floor Size
73m2
Land Size
73m2

Last Listing description (October 2025)

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 .

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Property History for 2/185-189 Darlinghurst Rd, Darlinghurst, NSW 2010

A timeline of how this property has performed in the market
Last Sold
15 Oct 2025
  • 15 Oct 2025
    Sold
  • 07 Mar 2025
    Listed for Sale AUCTION TO BE SOLD
  • 02 Jul 2011
    Sold for $864,000
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About Darlinghurst 2010

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 9,522 properties. Over the last 5 years, Houses in Darlinghurst have seen a 42.75% increase in median value, while Units have seen a 10.94% increase. As at 31 October 2025:

  • The median value for Houses in Darlinghurst is $2,676,739 while the median value for Units is $1,139,600.
  • Houses have a median rent of $920 while Units have a median rent of $750.
There are currently 15 properties listed for sale, and 42 properties listed for rent in Darlinghurst on OnTheHouse. According to Cotality's data, 369 properties were sold in the past 12 months in Darlinghurst.

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Michael Hatz
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RWC South Sydney
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