The Oaks Property Sales - Other Properties

CAR PARK INVESTMENTS, Darling Harbour

This new Harris Street car park forms part of the M-Central development which is a conversion of the existing Harris Street car park in the giant wool stores on the western edge of Darling Harbour: These freehold Strata-titled car spaces each have a clear individual property title in which they can be easily bought or sold (making them a rarity and a unique investment in their own right).Located in a premium position – these car parks will serve both Darling Harbour and CBD workers and visitors. It also connects, via covered walkway to city, and to the Monorail & light rail.

Available for sale on a 5-year lease or, for your own use or own rental.

There is a strong demand for car parking in the Pyrmont /Darling Harbour region because of the adjoining 500-Unit Goldsbrough Apartments and 10 level office building– neither of which has parking. There is strong future growth in demand for parking in the immediate surrounding area because of a myriad of major commercial developments underway & planned including new Bulle Court Residential Towers, New Ian Thorpe Aquatic Center, Fish Market re-development, the proposed plan to expand Darling Harbour Exhibition Center by 10,000 sq plus several nearby large commercial developments.

In short, over the next 5-years the Darling Harbour precinct will experience reducing supply and increasing demand for car parking: putting upward pressure to parking rates and values - further details on Domain web link above