Outstanding investment opportunity

For the first time offered in over 25 years, this is an outstanding investment opportunity. Located in a highly sought after, growth precinct in Sydney's Inner West. The property is moments from popular cafes, shops, schools, frequent bus routes along Parramatta Road and Petersham train station. This freehold property offers buyers the potential for 4 separate leasable spaces with the benefit of rear lane access to prized off-street parking for two cars.

* Highly sought-after opportunity with high pedestrian & vehicular exposure
* Perfect as an income producing investment, or for those that would look to
occupy in the future with terrific value add opportunity
* After some improvements the property offers a potential rental return of approx. $98,000 pa.
* Three level mixed use with both commercial & residential spaces
* 2 x 1 bedroom apartments
* 1 x Commercial shop with high exposure
* 1 x Separate fully self-contained studio space
*Three spaces are separately metered (Electricity)
* Rear Lane access via Queen Street with parking for two cars
* Stunning City views from top level
* Poised to benefit from a range of nearby developments and infrastructure upgrades
* Offers immediate access to Leichhardt town centre and a choice of transport options
* Close to a range of popular amenities such as educational establishments, hospitals, shops, transport options, arterial roadways, café's, restaurants and bar

Additional details

  • Land size approx 139 sqm
  • Total Area Size 240 sqm

2 4 2

Sold

Fri 2 February

Result

$1.45m

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Selling agents

Nick Arena

0404 898 774 

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