Potential Darlinghurst residential warehouse conversion for sale

Potential Darlinghurst residential warehouse conversion for sale
Potential Darlinghurst residential warehouse conversion for sale

A Darlinghurst warehouse has been listed for October auction.

It last sold at $3.9 million in mid-2015.

The property at 278 Palmer Street has a land size of 406 square metres with a floor area of 750 square metres and off-street parking.

The property is available for R1 General Residential zoning.

Potential Darlinghurst residential warehouse conversion for sale

Spanning three street frontages, it is suitable for medium density development with a floor space ratio of 3:5:1 with ability to build over four storeys (STCA).

It has already been DA approved to subdivide into two Torrens Title lots or five Torrens Title lots.

It also has existing use right for commercial or retail use (STCA).

With close proximity to Oxford Street, Hyde Park and the Sydney CBD, the property will be offered via an onsite auction on October 14 through CBRE.

Tags: 
Darlinghurst Commercial Property

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