Multi-unit Property

Unit 12, 314-318 Victoria Street

Darlinghurst NSW 2010, Australia

-Parking
0 m²Land size
$1,375,000Last sale (2024)
Multi-unitComplex profile

Snapshot

Key points for Unit 12, 314-318 Victoria Street.

  • 1 bedroom, 1 bathroom, 1 parking space
  • Estimated market value: $1,386,000
  • Recorded price: $1,375,000
  • Dual‑level layout
  • Rox security complex (private, secure)

About this property

yardizepropertyrecord

Unit 12 is a top‑floor loft‑style residence occupying 86 m² within a mixed‑use building at 314‑318 Victoria Street, Darlinghurst. The building was completed in 2001 and is part of a private, gated “Rox” security complex. The residential unit sold in April 2024 for $1,375,000.

The ground floor houses several food‑service retailers, the largest being Shop 2 leased to Sal’s Authentic New York Pizza under a long‑term lease, providing the property with high street exposure and strong foot traffic.

The site benefits from its inner‑city location on Victoria Street, a key commercial corridor in Darlinghurst, and sits within the Darlinghurst Ridge conservation area, which influences any future alterations. The mix of secure residential living above and active street‑level retail makes the address a quintessential example of urban mixed‑use development in Sydney’s inner suburbs

Also written as Unit 12, 314-318 Victoria Street.

Key details

Locality
Darlinghurst
State
NSW
Coordinates
33.8769196 / 151.22197216
GNAF PID
GANSW703873101
Legal parcel ID
12/SP64854
Property type
Apartment
Unit land size
0 m²
Built
2001
Internal area
86 m² (estimate per unit)
Water rates
$180 quarterly (estimate)
Council rates
$202 quarterly (estimate)
Strata rates
$1,153 quarterly (estimate)
Mobile coverage
5G
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
Detected
Land Use Category
Residential

Commercial property information

Sal’s Authentic New York Pizza
Retail
RestaurantFood service
Verified at this address

Primary tenant of Shop 2, 314‑318 Victoria Street (Savills listing).

International pizza franchise occupying the large Shop 2 on the ground floor.
Noodle Box
Retail
Fast foodFood service
Verified at this address

Listed on DoorDash with address 314 Victoria St, Darlinghurst.

Asian fast‑food takeaway outlet.
Pattysmiths
Retail
RestaurantFood service
Verified at this address

business directory shows Pattysmiths operating at 314 Victoria St with 4.3 rating (143 reviews).

Pizza/Italian restaurant.
Reviews

Average rating 4.3 from over 140 reviews.

Plant Patty
Retail
RestaurantFood service
Verified at this address

business directory shows Plant Patty operating at 314 Victoria St with 3.3 rating (16 reviews).

Vegan/plant‑based fast‑food outlet.
Reviews

Average rating 3.3 from over 15 reviews.

Market estimates

Based on web rent evidence, web value evidence.

Expected weekly rent per unit
$790
Expected property value per unit
$1,386,000
Estimated yield
2.96%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

Sales figures shown here are for individual units within the property, not the whole site.

EventDatePricePrice per m²
Sale
26 Apr 2024
Individual unit transaction; unit not specified in source.
$1,375,000
Sale
1 Apr 2024
Individual unit transaction; unit not specified in source.
$842,500
Sale
1 Jul 2019
Individual unit transaction; unit not specified in source.
$760,000
Sale
1 Mar 2018
Individual unit transaction; unit not specified in source.
$481,000

Property insights

Building profile

The structure at 314‑318 Victoria Street was built in 2001 and combines a residential loft unit on the upper levels with multiple ground‑floor retail spaces. It is located within the Darlinghurst Ridge conservation area and falls under residential zoning of the City of Sydney Council Eplanning.cityofsydney.nsw.gov.au
  • International pizza franchise occupying the large Shop 2 on the ground floor
  • Built: 2001
  • Subdivision activity: No lease terms disclosed, but the presence of a food‑service outlet proves the commercial ground‑floor space is subdivided among multiple tenants

Property Features

  • Rox security complex provides private, gated access for residentsHockingstuart.com.au
  • Prime Victoria Street frontage offers high pedestrian foot trafficSearch.savills.com
  • Shop 2 leased to Sal’s Authentic New York Pizza on a long‑term lease with renewal options
  • Rox security complex (private, secure)
  • Prime Victoria Street location with high foot traffic
  • Long‑term commercial lease: Shop 2 leased to Sal’s Authentic New York Pizza for 7 years from 2023 with two 5‑year renewal options (until at least 2030)
  • Car spaces: 1
  • Floor area: 86 m²

Recorded sales and leasing agents

Recorded sale agency (2024 sale)
Belle Property Surry Hills recorded for the 2024 sale
Recorded listing contacts
Blair Cardile 0438 588

Real Estate Agencies

Ordered by:
BresicWhitney - East
Adrian William
Belle Property Surry Hills
Belle Property - Bondi Junction
Bradfield BadgerFox - DOUBLE BAY
Ayre Real Estate
Boutique Property Agents - Sydney
Biller Property - Double Bay
Belle Property Double Bay - DOUBLE BAY
Astemi Property - MANLY
Bentley Estate Agents
Blomfield Real Estate
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Darlinghurst Public School
0.2 km
Primary school | Government
Sceggs, Darlinghurst
0.3 km
Combined school | Independent
East Sydney Community-Based High School
0.7 km
Secondary school | Independent
Sydney Distance Education High School
0.7 km
Secondary school | Government
Plunkett Street Public School
0.7 km
Primary school | Government
Sydney Grammar School, Edgecliff Preparatory School
0.8 km
Primary school | Independent
Sydney Grammar School
0.8 km
Secondary school | Independent
St Vincent's College
0.8 km
Secondary school | Independent
Crown Street Public School
0.9 km
Primary school | Government
Paddington Public School
1.0 km
Primary school | Government
St Mary's Cathedral College
1.0 km
Combined school | Catholic
Glenmore Road Public School
1.0 km
Primary school | Government
Ascham School Ltd
1.3 km
Combined school | Independent
Sydney Distance Education Primary School
1.3 km
Primary school | Government
Aim Senior Secondary Music College
1.4 km
Secondary school | Independent
Australian International High School
1.5 km
Secondary school | Independent
St Andrew's Cathedral School
1.5 km
Combined school | Independent
KU Kira Child Care Centre
1.2 km
East Sydney Early Learning Centre
0.4 km
SDN Woolloomooloo Long Day Care and Preschool
0.6 km
* Approximate straight-line distances

Frequently asked questions

Which agency is handling the commercial sale of Shop 2?

The sale is being managed by Damon Zhang and Andy Hu of Savills, Australia

Search.savills.com
What is the internal floor area of the residential loft?

The loft occupies 86 m² of internal living space

Eplanning.cityofsydney.nsw.gov.au
Who is the primary tenant of Shop 2 on the ground floor?

Shop 2 is leased to Sal’s Authentic New York Pizza, an international pizza franchise

Search.savills.com
How long is the current lease for Shop 2 and are there renewal options?

The lease began in 2023 for an initial 7‑year term and includes two 5‑year renewal options, extending occupancy to at least 2030

Search.savills.com
What security features does the building provide for residents?

The building is part of the private, secure "Rox" security complex

Hockingstuart.com.au
When was the building constructed?

Construction was completed in 2001

Eplanning.cityofsydney.nsw.gov.au
What is the size of Shop 2’s retail area?

Shop 2 provides 114 m² of retail floor area plus a 21 m² car space, totaling approximately 135 m²

Search.savills.com
Which cinema is located near the property?

Govindas Cinema & Restaurant is about 0.1 km away

Related profiles

Jump to the related profiles for Unit 12, 314-318 Victoria Street, including the surrounding street and suburb pages.