55 Yurong Street, Darlinghurst presents an exceptionally rare opportunity to acquire a classic Art Deco, free-standing four-level boarding house in one of Sydney's most tightly held inner-city locations.Approved as a purpose-built boarding house since 1937, the property comprises 33 furnished accommodation rooms with a proven and established income stream.Positioned on a valuable corner holding with triple street frontage to Yurong Street, Charlotte Lane and rear access via Stables Lane, the property occupies approximately 221sqm of land and is Zoned R1 General Residential under the Sydney Local Environmental Plan 2012.Key Features:- Classic Art Deco free-standing four-level boarding house - Approved boarding house use since 1937 - 33 furnished rooms - Strong established income with proven occupancy- Delightful rooftop room with expansive rooftop terrace area and district views- Communal bathrooms and amenities across the 1st, 2nd and 3rd floors - Handy communal laundry facilities with coin-operated machines - Rare triple street frontage and excellent accessibility - Land size approximately 221sqm - Zoned R1 General Residential Ideally positioned in the heart of Darlinghurst, only moments from Hyde Park, Oxford Street, St Vincent's Hospital and Sydney CBD, this is a generational investment opportunity within one of Sydney's most vibrant lifestyle and accommodation precincts.
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 9,525 properties. Over the last 5 years, Houses in Darlinghurst have seen a 11.51% increase in median value, while Units have seen a -4.52% decrease. As at 30 April 2026:
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