42 Hardie Street, Darlinghurst, NSW 2010

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Auctioned

Auctioned for $3,905,000 (Jul 04, 2020)

Unique DA Approved Development Site In The Heart Of Darlinghurst

Capitalise on the innovative DA approved plans for a boutique Mixed Use development in the cosmopolitan heart of downtown Sydney. In a gateway location next to Green Park and the St Vincent’s Hospital precinct, the existing warehouse style workshop comes with approved plans by award-winning architects McGregor Westlake to create eight designer apartments and ground floor retail space. Tucked away in an inner city laneway just off Victoria Street’s celebrated dining hub, the prominent corner site features dual street frontage in one of Sydney’s most dynamic urban enclaves. Just over 1km to the CBD, this prime development opportunity offers superb walkability with close proximity to celebrated dining, entertainment and cultural hubs.

• Rare DA approved development site in a gateway city location

• Approved plans for 8 apartments and ground floor retail space

• Approval for a 6 level building with a common rooftop garden

• 4 x studio flats, 1 × 1 bed apartment and 3 × 2 bed apartments

• All with balconies or terraces, top floor apartment with roof deck

• Existing building restored with complimentary design/brickwork

• Prominent dual fronted corner block, rear access via Hayden Place

• Designed to maximise light and airflow, all with no common walls

• District views over Green Park, all with secure storage/bike racks

• A unique blue-chip opportunity for the developer or investor

• 550m to Kings Cross station, walk to Oxford Street and the CBD

We Know Your Area
R&H Suburb Profile: Darlinghurst

R&H Suburb Summary Houses
Number of sales 60
Average Price $2,185,625
Median Price $1,975,000
Median Rental Price $950 p.w.
Change in Rental Rate (5yr) 3 %
R&H Suburb Summary Units
Number of sales 195
Average Price $1,368,608
Median Price $1,000,000
Median Rental Price $595 p.w.
Change in Rental Rate (5yr) 10 %
Darlinghurst, NSW - Median Trend
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