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122-124 Flinders Street
Darlinghurst NSW 2010
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Sold on 20 Mar 2025

122-124 Flinders Street Darlinghurst NSW 2010

  • Hotel, Motel, Pub & Leisure
  • 444 m²
  • Sold

HIGH PROFILE CORNER FREEHOLD LEASED TO UK LISTED COMPASS GROUP

    The Tap House, located at 122-124 Flinders Street in the vibrant suburb of Darlinghurst, is a premium 3-storey commercial freehold building offering a fully leased investment opportunity.

    The property features a total building area of 444sqm* and sits on a land area of 228sqm*, providing a substantial footprint in a highly desirable location.

    The asset generates a secure net income of $321,360 + GST per annum* and is leased to a AAA covenant, which is also part of the globally renowned UK-listed Compass Group. This strong tenant covenant ensures long-term income stability and enhances the property's investment appeal.

    Strategically positioned on a prominent corner, The Tap House benefits from a prime location close to Surry Hills and Paddington, two of Sydney's most dynamic neighbourhoods. It is also just moments away from Allianz Stadium, ensuring excellent visibility and foot traffic. This combination of strong tenancy, prime location, and secure income makes The Tap House an exceptional opportunity for investors seeking a low-maintenance, high-quality commercial asset.

    Key Highlights:

    3 storey commercial freehold building
    Building area 444sqm*
    Land area 228sqm*
    Net income of $321,360 per annum*
    Leased to Applejack Hospitality part of UK-listed Compass Group
    Convenient location located on a prominent corner close to Surry Hills and Paddington and moments walk from Allianz Stadium
    Fully leased investment opportunity
    8 Year lease remaining with 10 year option

    For more information, contact the exclusive selling agent Steffan Ippolito 0403 347 111.

    AUCTION

    Auction date and time27/03/2025 10:30
    Auction locationCooley Auction CBD Dexus Place
    IB Property
    IB Property
    322 Crown Street
    Surry Hills, NSW 2010

    Property Highlights

    Date Sold20 Mar 2025
    Floor Area444 m²
    Land Area228 m²
    ParkingAsk Agent
    Property ID2019814497
    Category
    Last updated  19 Mar 2025
    Map for 122-124 Flinders Street Darlinghurst NSW 2010
    IB Property
    IB Property
    322 Crown Street
    Surry Hills, NSW 2010

    Property Highlights

    Date Sold20 Mar 2025
    Floor Area444 m²
    Land Area228 m²
    ParkingAsk Agent
    Property ID2019814497
    Category
    Last updated  19 Mar 2025

    More about 122-124 Flinders Street Darlinghurst NSW 2010

    122-124 Flinders Street Darlinghurst NSW 2010 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 444 m² and a land area of 228 m². The listing ID for this property is 2019814497.

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