Laing and Simmons Commercial have the pleasure to offer for sale by Expression of Interest this outstading retail investment located in thriving Oxford St Darlinghurst and leased to a proven hospitality operator.
NOW THE EXCITING STUFF:
How's the location. This is without question the most iconic entertainment precincts in Sydney brimming with trendy cafes, too-cool-for-school bars and renowned restaurants, so what better place to park your investment dollars. And when it comes to commercial investments, this one ticks all the boxes. Top of the list, it's a freehold opportunity home to Paski - a thriving dual-level wine bar/restaurant offering solid returns, favourable lease options and plenty of upside growth. Bingo. Also moments from the St Vincent's Hospital Precinct, a choice of bus routes and Kings Cross Station (one stop to the CBD), it's clear why this tourist mecca is such an epicenter of activity 24/7 and perfect place to invest.
THE OTHER BITS:
Land size 93sqm (approx.)
Building area 150sqm (approx.)
Lease term - 5 x 5 years
Net income $86,528 per annum plus GST (as at 1st July 2023)
Zoned Business 3
Liquor license
Rear access via Sturt Street
Strong foot traffic 7 days/nights a week
THE FINAL WORD
Amazing Space....With An Even More Amazing Tenant
The property is For Sale By Expression of Interest Closing Tuesday 21st November at 5 p.m.
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 9,517 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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