368 Abercrombie Street, Darlington NSW

For Sale


For Sale

Solid two level commercial building with three street frontages, located at the intersection of Carrington Street opposite Sydney University business school and the Royal Hotel, within walking distance of the Carriageworks, Redfern Station & RPA Hospital.

Accommodation rooms above with DA approval for residential. The building is currently under capitalised and ready to bloom, waiting to be recreated to benefit this dynamic buzzing location.

Site area: 185sqm (approx.)
Ground level with LUG currently leased to longstanding restaurant
Level 1 with DA approval for a 4 bedroom residence
Zoned R1, FSR 1.7:1, Height: 9metres
Estimated GAR $130,000 pa (approx.) on a fully leased basis
Development potential for an extra level with bonuses (STCA) with demand for student accommodation