An exceptional opportunity to acquire a substantial freehold building in the heart of Darlinghurst, bordering Paddington. Occupying approximately 257sqm of land with over 12 metres of Oxford Street frontage, the property comprises approximately 850sqm of existing building area, together with rear lane access to basement parking.

Positioned within the Oxford Street planning precinct, the property offers significant future potential for commercial redevelopment and cultural uses, subject to Council approval. Offered to market via Expressions of Interest.

Property Highlights

• Substantial 257sqm landholding in tightly held Darlinghurst precinct
• Approximately 850sqm of existing building area across property
• Over 12 metres frontage to prominent Oxford Street
• Rear lane access providing basement parking facilities
• E1 Local Centre zoning offering flexible commercial potential
• Existing planning controls provide 3:1 floor space ratio
• Oxford Street planning framework provides potential development uplift

Commercial Usage can achieve:
• 20m height for commercial usage
• 3.5:1 Floor Space Ratio
• An additional 0.8 FSR for activating basement spaces for cultural uses.

All development potential, planning controls and proposed incentives are subject to relevant planning provisions and Council approval.