A freehold commercial property in Darlinghurst, Sydney's vibrant entertainment hub, is now available for purchase. This exciting opportunity at 239 Oxford Street offers a secure and rewarding investment with a strong tenant in place.

The property is currently leased to Paski Restaurant and Wine Bar on a secure five-year lease, providing a guaranteed income stream of $89,989 per annum, commented Michael Buium. 

“This established tenant adds further value to the property and ensures a steady return on investment for potential buyers”, says lead agent Michael Buium of Laing + Simmons.

Location is a key factor for any investment, and this property sits right in the heart of Sydney's entertainment precinct. Darlinghurst is renowned for its lively atmosphere, trendy restaurants, bars, and theatres. The property benefits from high foot traffic and excellent visibility, making it an ideal location for a restaurant or similar business. Public transportation is also readily accessible, ensuring convenient access for staff and customers.

“This property presents a compelling opportunity for investors seeking a secure and rewarding investment in a vibrant and sought-after location,” adds Buium.

“With a guaranteed income stream and a strong tenant in place, this is an opportunity not to be missed.” Further added Buium. 

Key features of the property:

• Freehold commercial investment property
• Leased to Paski Restaurant and Wine Bar on a five-year lease
• Net income of $89,989 per annum
• Strategic location in the heart of Darlinghurst's entertainment precinct
• High foot traffic and excellent visibility
• Convenient access to public transportation

The EOI will close on Thursday 30th May at 2pm.