One of the largest warehouse conversions in Darlinghurst with 3,903sqm of GFA, 1-19 Hargrave Street Darlinghurst for sale by Colliers agents Matthew Meynell, Miron Solomons and Matt Pontey.
The ultimate freehold asset, the iconic Sony Building in the heart of Darlinghurst is offering investors a highly unique opportunity just minutes from the Sydney CBD.
Offering over 36m of frontage and on a land parcel of 1,489sqm, the property at 1-19 Hargrave Street offers a total of 3,903sqm in total GFA and is an exemplary example of an inner-city warehouse conversion, offered vacant and primed for multiple buyer groups including those looking to occupy, develop or add value.
The Colliers team of Matthew Meynell, Miron Solomons and Matt Pontey have the exclusive listing on behalf of Doma Group, with price expectations of circa $35 million.
“Currently configured as a versatile office space across three levels, this icon of Darlinghurst is one of the largest warehouses left in the fringe precinct and presents as an exceptional asset,” Mr Meynell said.
“With proximity to major transport links and key amenities, this premier position is not to be missed, with strong interest expected to come from smaller funds and nimble institutions looking for a strong investment with solid fundamentals,” Mr Solomons said.
The building was famously occupied by Sony Music and boasted creative office and sound studios, while offering an incredible amount of parking spaces when compared to other buildings in the fringe market thanks to its sprawling rooftop and on-grade options.
“The Sydney city fringe has become increasingly difficult to break into given the limited supply and private centric market, meaning properties of this scale are rarely available to market,” Mr Pontey added.
1-19 Hargrave Street, Darlinghurst is for sale via an Expressions of Interest campaign closing Thursday, 4th July 2024.