88 Dowling StreetWoolloomooloo NSW 2011
Property Details for 88 Dowling St, Woolloomooloo
88 Dowling St, Woolloomooloo is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1935. While the property is not currently for sale or for rent, it was last sold in September 1997.
Last Listing description (January 2026)
Turnkey Woolloomooloo Restaurant with Commercial Kitchen and Storage/Office
360 Virtual Tour: https://my.matterport.com/show/?m=7bTv2C6QkKP
Welcome to Lot 97, 88 Dowling Street, Woolloomooloo This is a rare, ready to go hospitality opportunity in one of Sydneys most vibrant innercity harbourside precincts. Set within a residential tower of around 3,800 residents in the suburb and approximately 100 apartments plus an onsite accommodation provider in the building itself, this offering gives any operator an immediate builtin customer base.
Previously occupied by the building manager as the inhouse caretaker and hotel food provider, the premises historically traded for breakfast, lunch and dinner before the operator exited food and beverage to focus on accommodation. This opens the door for an astute operator to capture demand from both short and longterm residents and guests who pass through the building daily.
The property is offered as 3 spaces in one line:
Restaurant/bar of approximately 106.8 sqm, with generous open floor space and a frontofhouse service kitchenette.
Fully equipped commercial kitchen of approximately 92 sqm, including combi ovens, cooktops/grills, dishwashers, and stainless-steel preparation benches ready for you to finetune and commence trading.
Storage room / office space of approximately 37.8 sqm located between the front restaurant/bar and the main kitchen, currently used as a dedicated storage area ideal for dry goods, equipment, or an office, and which could also be opened to connect to the main restaurant/bar to create additional trading or seating area.
Some features:
Private entrance exclusively for this tenancy, located directly beside the main lobby entry.
Dedicated male and female bathroom amenities at the rear of the main kitchen, including staff lockers and showers, ideal for endofshift freshening up.
Rear access to the onsite car park with convenient loading via the side street as there is no parking included but potential to lease a car space through building management.
Grease trap infrastructure in place and exclusively servicing this property.
Front customer area serviced by air conditioning for enhanced comfort.
Wide glass frontage to Dowling Street providing strong exposure and natural light
Woolloomooloo is renowned for its harbourfront Finger Wharf dining precinct, the nearby Art Gallery of New South Wales, and the Domain, all of which attract a strong mix of locals, office workers, and visitors yearround. Popular nearby food and beverage operators include acclaimed restaurants and bars along Cowper Wharf Roadway and the broader Potts Point/Woolloomooloo strip, such as China Doll, Otto Ristorante, Kingsleys Woolloomooloo, Manta and Alibi Bar & Dining, underpinning the areas reputation as a premier dining destination. Local green space is also a drawcard, with Woolloomooloo Playground and community court just along Dowling Street and the expansive Domain and Royal Botanic Garden a short walk away.
Opportunities of this scale and position are tightly held and highly soughtafter.
Annual Rental: $150,000 Including GST Open to reasonable Offers
Annual Outgoings: $24,873 Per Annum 100% Strata, Council & Water
This opportunity will not last call Philipp Tsiprin for a private inspection on 0498 388 338.
Property History for 88 Dowling St, Woolloomooloo, NSW 2011
- 21 Jan 2026Listed for Rent - Price not available
- 07 Mar 2025Sold - Price Undisclosed
- 12 Nov 2024Listed for Rent - Price not available
Recent sales nearby
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About Woolloomooloo 2011
The size of Woolloomooloo is approximately 0.4 square kilometres. It has 9 parks covering nearly 4.6% of total area. The population of Woolloomooloo in 2016 was 4011 people. By 2021 the population was 3792 showing a population decline of 5.5% in the area during that time. The predominant age group in Woolloomooloo is 30-39 years. Households in Woolloomooloo are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Woolloomooloo work in a professional occupation.In 2021, 27.00% of the homes in Woolloomooloo were owner-occupied compared with 25.90% in 2016.
Woolloomooloo has 4,199 properties. Over the last 5 years, Houses in Woolloomooloo have seen a 55.59% increase in median value, while Units have seen a 12.03% increase. As at 28 February 2026:
- The median value for Houses in Woolloomooloo is $2,829,460 while the median value for Units is $1,211,205.
- Houses have a median rent of $938 while Units have a median rent of $825.
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