Outstanding & High Profile Sydney CBD Retail / Commercial Asset - For Sale

SOLD

Darlinghurst NSW 2010

Retail

FOR SALE

12088m2

Oxford Square, Darlinghurst, NSW



- Super convenient retail/commercial complex (refurbished 2005) prominently located on major thoroughfare Oxford Street within one of Sydney's most densely populated areas



- Securely leased to a complimentary mix of leading retailers/service providers including Duffy Bros Supermarket, Vintage Cellars, Chemist Warehouse, NAB, Fitness First, TAB, Flight Centre, Study Group Australia providing a WALE by area of 5.04 years*



- Highly exposed 5,449 sqm* island site with 48 metre frontage to Oxford St providing a total GLA of 12,088 sqm* & convenient basement parking for 37 vehicles*



- Large & affluent main trade area of 17,310 persons* with limited comparative retail competition & forecast high population growth of 1.5% p.a.* off the back of multiple local high density residential developments#



- Fully leased net income $5,080,000 p.a.*



- Indicative pricing - $61,000,000 (8.30%*)



*Approx.

#Source: MacroPlan Dimasi, March 2013