250 Forbes Street, Darlinghurst

At this address is a house on a parcel in 26/DP777608 Darlinghurst NSW. In the council area Sydney, featuring 10 bedrooms and 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
10
Bathrooms
1
Car spaces
0
Land size
127 m2
Building size
-
Council area
Sydney
Year built
n/a
Lot plan
26/DP777608 Darlinghurst NSW
House type
House: One Storey / Lowset



HISTORY

Last sold 16/11/2013
$4,000,000



LISTING DESCRIPTION
as of October 2013

Landmark boutique investment Lifestyle - Commanding an impressive corner position on Forbes and Burton Street, this landmark c1845 sandstone building, originally built as warder's accommodation for the Darlinghurst Gaol, presents an astute investment opportunity for a residential/commercial venture. Set directly opposite the new 'Dominion' development, this boutique offering has been owned and maintained for over twenty years and attracts quality tenants plus strong rental yields.Accommodation - The building consists of a street level commercial space leased to hip eatery 'Forbes on Burton' and five residential apartments offering either one, two or three bedrooms. The apartments maintain authentic period detail and the top floor apartment with a corner position has been renovated - setting a benchmark for possible cosmetic touches and rental increases for the remaining four.Features - A wonderful opportunity to capitalise on the existing income. All apartments feature high ceilings, timber floorboards, ornamental fireplaces, gas cooking and access to communal outdoor living. The total residential sqms is approximately 302 sqms and the commercial is approximately 100 sqms. The entire building is set on a 263 sqm parcel of land with a 13sqms frontage on Forbes Street and 20 sqms on Burton Street.