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356 South Dowling Street, Paddington NSW

  • Land161m²
  • Floor480m²

Sales Method

South Dowling Street Landmark | Trophy Asset with Development Upside

Prominently located on South Dowling Street this substantial three-storey landmark building has been occupied by local favourite, Organic Bread Bar, for 10+ years.

Behind the character façade presents approximately 320sqm of office accommodation with the top floor currently being used as an oversized 2 bedroom, 2 bathroom apartment.

Both floors enjoy entertainer's style balconies with sprawling views towards the CBD.

The building presents as an exceptional passive investment with a potential passing income of $380,000 per annum.

Further opportunities exist to capitalise on the superior location with an additional floor and rooftop terrace (STCA).

TRG Commercial is pleased to present 356 South Dowling Street for sale via private treaty.

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Key Features

  • Iconic Paddington Freehold situated on approximately 161sqm of land
  • Low maintenance, passive investment ideal for self-managed superfunds
  • Potential development upside to increase revenue streams (STCA)
  • Large, open-plan floor plates with soaring ceilings and M/F bathroom amenities on each floor
  • Ducted air conditioning, back to base security systems and double-glazing throughout
356 South Dowling Street, Paddington NSW
356 South Dowling Street, Paddington NSW

356 South Dowling Street, Paddington NSW

Prominently located on South Dowling Street this substantial three-storey landmark building has been occupied by local favourite, Organic Bread Bar, for 10+ years.

Behind the character façade presents approximately 320sqm of office accommodation with the top floor currently being used as an oversized 2 bedroom, 2 bathroom apartment.

Both floors enjoy entertainer's style balconies with sprawling views towards the CBD.

The building presents as an exceptional passive investment with a potential passing income of $380,000 per annum.

Further opportunities exist to capitalise on the superior location with an additional floor and rooftop terrace (STCA).

TRG Commercial is pleased to present 356 South Dowling Street for sale via private treaty.

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356 South Dowling Street, Paddington NSW

356 South Dowling Street, Paddington NSW

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