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38-42 Harbour St - Harbour Garden Twrs 688 SF Retail Condo Unit in Sydney, NSW 2000
Executive Summary
Harbour Garden Towers is a premier mixed-use development in the heart of Darling Harbour, offering a sophisticated blend of residential, retail, and commercial spaces. Completed in the early 2000s, this 17-level tower is renowned for its elegant design and prime location at the corner of Liverpool and Harbour Streets. The building’s grand entrance on Sussex Street welcomes residents and visitors with a luxurious marble-finished lobby and an ornamental fountain, setting a tone of prestige and comfort. The development features 254 residential apartments, complemented by 56 serviced apartments operated as the Southern Cross on Harbour Apartment Hotel. Many residences boast floor-to-ceiling windows, framing spectacular views of the Sydney CBD, Darling Harbour, and the Chinese Gardens. Residents enjoy an exceptional lifestyle with premium amenities, including a 24-hour concierge, a rooftop heated lap pool, a fully equipped gymnasium, and wellness facilities such as a sauna and steam room. The 18th-floor community room, complete with a bar and barbeque area, provides an ideal setting for social gatherings.
Property Facts
| Total Building Size | 536,236 SF | Floors | 17 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 31,538 SF |
| Property Subtype | Apartment | Year Built | 2000 |
| Building Class | C |
| Total Building Size | 536,236 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 17 |
| Typical Floor Size | 31,538 SF |
| Year Built | 2000 |
Amenities
Site Amenities
- Concierge
- Pool
- Sauna
1 Unit Available
Unit 45
| Unit Size | 688 SF | NOI | $130,237.03 CAD |
| Condo Use | Retail | APN/Parcel ID | CP/-/SP77100 |
| Sale Type | Investment |
| Unit Size | 688 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| NOI | $130,237.03 CAD |
| APN/Parcel ID | CP/-/SP77100 |
Description
Shop 45 is a strata-titled retail condominium located on the ground floor of a prominent corner position within 1 Dixon Street, in the heart of Sydney’s Chinatown. This property offers a rare opportunity to own a high-exposure retail asset in a vibrant mixed-use precinct. The unit features a wide glass frontage, excellent signage potential, and outdoor seating, making it ideal for food and beverage operations. Its strategic location ensures constant foot traffic from both locals and tourists, supported by nearby attractions such as Darling Square, Paddy’s Markets, and the ICC Sydney. The surrounding area is a thriving hub of dining, entertainment, and residential developments, reinforcing long-term demand for retail space in this precinct.
Sale Notes
This strata retail investment presents a secure and hassle-free opportunity for investors seeking stable income in a prime CBD location. The property is leased to Twopeck Chicken, a well-established operator that has successfully traded from this site since 2019. A new five-year lease commenced in 2024, extending to 2029, with an additional five-year option, ensuring long-term income security. The asset delivers an annual net income of approximately $133,888 (exclusive of GST), with the tenant responsible for 100% of outgoings.
Positioned on a high-profile corner in Chinatown, the property benefits from exceptional pedestrian traffic, strong visibility, and proximity to major destinations including Darling Square and the ICC Sydney. With the precinct undergoing revitalization and continued growth in residential and commercial density, this property is well-positioned for sustained capital appreciation and rental demand. This is an outstanding opportunity to acquire a blue-chip retail investment in one of Sydney’s most dynamic urban precincts.
Main order area
Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 254 | - | - |
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38-42 Harbour St - Harbour Garden Twrs
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