368 Abercrombie Street, DARLINGTON, 2008, New South Wales

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For sale

For Sale $3,200,000

Landmark building with commercial & residential use

Property ID: 17989623

Property Website: www.368abercrombiestreet.com

Set within a stone’s throw of Sydney University, Darlington’s village strip and Redfern rail, this property has been the home to one of the area’s most iconic restaurants for many decades.

This fabulous property offers the potential for further improvement whilst benefiting from continued income produced by its long-term, secure commercial tenant on the ground floor. The upper level holds conditional DA approval for a 4 bedroom residence, its substantial floor area delivers an opportunity to create a generous family-sized abode or utilise as an investment, capitalising on the downstairs rental return.

The building stretches across a large 185sqm corner block with a 6m frontage and includes large lock-up storeroom to the rear. The restaurant is fitted with a large commercial kitchen, bar area, male and female bathrooms and dining areas. Upstairs is configured with five rooms, a functional kitchen, bathroom with two toilets, large outdoor entertainers terrace and rooftop storage room. Explore this extraordinary opportunity to own a landmark property with a healthy income stream and superb further potential.

Land Area185.8 sqm

Print brochure

Subject: 368 Abercrombie Street, DARLINGTON, 2008, New South Wales

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Duncan Gordon

0414 349 669

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Dean Farrajota

0404 302 428

www.mapsembed.com

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R&H Suburb SummaryHouses
Number of sales 30
Average Price $1,542,150
Median Price $1,550,000
Median Rental Price $800 p.w.
Change in Rental Rate (5yr) 23 %
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Number of sales 10
Average Price $789,200
Median Price $1,220,000
Median Rental Price $520 p.w.
Change in Rental Rate (5yr) 5 %
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