Holdsworth House, a strata titled building, has been sold for $33 million.
A strata titled building at 223 Liverpool Street, Darlinghurst has recently been sold for $33 million. The vendor was Core Plus Fund No 1, an unlisted property fund established in early 2014 and managed by EG Funds Management Pty Ltd.
The sale was arranged by Jonathan Vaughan and John Bowie Wilson from Knight Frank for the vendor, and Craig Stuckey of Fidinam for the purchaser, who was ST Real Estate Australia, European based clients of Fidinam Australasia Real Estate.
According to Eastern Sydney Cityscope, 223 Liverpool Street, also known as Holdsworth House, is a three-and-five-storey Federation-style brick commercial building, formerly a warehouse, that was built circa 1910. The building comprises thirty three units with a total area of 5,719 sqm on a site of 1,505 sqm. Occupants include Jeanswest, Tiyce & Lawyers, Scheinberg and various medical and dental practices.
The vendor’s investors, predominantly Australian superannuation funds, insurance funds and high net worth individuals, would no doubt have been happy with the sale price of $33 million after having purchased the building just two years ago for $17.45 million.