SOLD - Darlinghurst (Sydney) - Prime CBD Fringe Retail Development Opportunity

Cushman & Wakefield is pleased to present to the market Lot 1, 1 Kings Cross Road, Darlinghurst for Sale via Offers to Purchase.

The property has the following key characteristics:

• DA approved to expand to a 308 sqm restaurant with indoor and external seating with 35m frontage and 6.3m ceiling height
• Outstanding City Fringe location, only 2km east of the Sydney CBD
• Ideally positioned adjacent to the Iconic Coke Sign in Kings Cross, with 3 street frontages across Victoria Street, Kings Cross Road and Craigend Street
• Highly exposed and elevated position with expansive city views along William Street
• Current improvements feature a 91 sqm ground floor strata lot with two car spaces on title
• DA approval with ability to convert to restaurant, bar, head office or medical use (STCA)
• Affluent Main Trade Area with average income 92% higher than the Sydney Average and retail spending per capita 43% higher than the Sydney Average (Source: Gap Maps)
• Offered with vacant possession

The property is for sale by way of Offers to Purchase. Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.