The ultimate creative commercial headquarters in the heart of Darlinghurst

A stunningly refurbished creative commercial asset in the heart of one of Sydney’s most desirable city fringe locations has come to market.

Offering 820 sqm of office space over three levels, 200 Crown Street in Darlinghurst is described as the perfect turn-key commercial headquarters that would provide the perfect location for any occupant looking to be close to Sydney’s Eastern Suburbs while having access to the CBD.

The Colliers team of Matt Pontey and Miron Solomons have the listing, in conjunction with Shane Blackett of I.B Property, on behalf of the private owner with expectations of circa $12 million.

“The Sydney city fringe market has proven to be one of the more stabilised office markets in Australia as the limited supply of commercial office accommodation as well as the post pandemic flock to the fringe, has meant that the market has remained buoyant and stabilised,” Mr. Solomons said.

“With limited opportunity for institutional capital to enter and a private centric market, this has meant the barrier to entry and limited supply has kept rents stabilised longer than in other markets.”

“Locally, there are a number of new office and hotel projects that are bringing new life into this creative precinct. Projects such as AsheMorgan & TOGA’s, Oxford & Foley, Boston Global’s, 25hours Hotel and SOHO House just up the road from this asset will continue the ascension and excitement locally,” Mr. Pontey said.

A former bookmaker’s factory provides a unique historical element, with the building’s structure reassembled as a range of open plan offices and technical studios while also maintaining the charm of the original property.

“The property at 200 Crown Street lies at the heart of this dynamic suburb, providing potential occupants with immediate access to a diverse community and the incredible surrounding amenity,” Mr. Blackett said.

Colliers & I.B Property exclusively offer 200 Crown Street, Darlinghurst for sale via Public Auction on Thursday, 13 June at 10:30am at Cooley CBD Auction Centre, Level 5, One Margaret Street, Sydney.