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266 Abercrombie St 1,507 SF 100% Leased Retail Building Darlington Sydney, NSW 2008 For Sale
Investment Highlights
- Close to Sydney CBD and major developments such as the Atlassian Central hub.
- Anchored by a brand-new 5-year lease to Laundromatch with optional extension through 2035.
- Resilient multi-tenancy profile combining commercial and residential income streams.
- Located 250 meters from Redfern Station, one of Sydney’s busiest transit hubs.
Executive Summary
266 Abercrombie Street presents a rare inner-city freehold investment opportunity in Darlington, a bustling suburb within Sydney's prime academic and residential precinct. This asset is secured by a brand-new 5-year lease to Laundromatch, a leading self-service laundromat and dog wash operator with strong regional presence, providing immediate income security and long-term growth potential.
The property combines a highly structured multi-tenancy income profile with a resilient blend of modern commercial and residential occupancies. Recently upgraded through tenant-funded capital improvements, the offering features an immaculate commercial fit-out and compelling infrastructure proximity that underpins future demand.
Strategically located just 250 meters from Redfern Station and within 2.5 kilometers of Sydney CBD, the property benefits from heavy pedestrian connectivity and robust transport access. Redfern Station serves over 25 million passengers annually and is complemented by transformative nearby projects, including the $1.45 billion Atlassian Central development. Situated within one of Sydney's densest inner-city catchments and adjacent to the University of Sydney campus, this freehold asset is positioned for sustained rental escalations, supported by fixed 3.5% annual increases and net income of $132,500 + GST.
The property combines a highly structured multi-tenancy income profile with a resilient blend of modern commercial and residential occupancies. Recently upgraded through tenant-funded capital improvements, the offering features an immaculate commercial fit-out and compelling infrastructure proximity that underpins future demand.
Strategically located just 250 meters from Redfern Station and within 2.5 kilometers of Sydney CBD, the property benefits from heavy pedestrian connectivity and robust transport access. Redfern Station serves over 25 million passengers annually and is complemented by transformative nearby projects, including the $1.45 billion Atlassian Central development. Situated within one of Sydney's densest inner-city catchments and adjacent to the University of Sydney campus, this freehold asset is positioned for sustained rental escalations, supported by fixed 3.5% annual increases and net income of $132,500 + GST.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,507 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
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Nearby Major Retailers
Contacts
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Geoff Sinclair -
Luke Easton -
Hamish Grant -
Burgess Rawson Sydney
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266 Abercrombie St
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