A rare opportunity to acquire a prominent freehold building a blue-chip location on the city fringe, this wide-fronted Mixed Use terrace holds a coveted setting right in the heart of St Johns Road's iconic dining precinct. The wide-fronted two-storey terrace features commercial/residential zoning and potential for two separate tenancies including a high-exposure retail/restaurant space currently operating as a popular pizza parlour and a private three-bedroom shop-top residence. Facing north and bathed in natural light, the bay fronted terrace offers a prime low-maintenance portfolio addition with a strong income stream and future development upside in a B1 Neighbourhood Centre with 12m maximum building height. Retain as a sound investment and capitalise on the future upside with potential to add a third storey addition in line with neighbouring Mixed Use terraces (STCA).
- Rare Mixed Use terrace, 7.5m frontage, rear lane access
- Neighbourhood village just up from Glebe Town Hall
- Prime dual approx block, 220sqm approx of lettable space
- Restaurant/commercial and private residence on one title
- Pizze Baby, custom fitted pizza parlour and licensed bar
- Licensed for 48, alfresco courtyard and sidewalk dining
- Commercial grade kitchen with grease trap and storage
- Self-contained upper level apartment with a private entry
- 3 large bedrooms and a versatile study area/breakout space
- Sunny king-sized main bedroom with a wide bay window
- Separate living and dining, modern timber-topped kitchen
- Prime investment, strong rental yields, established tenant
- B1 Neighbourhood Centre with 12m maximum building height
- Highly sought after city fringe location, strong capital growth
- 450m to the University of Sydney campus, 3km to the CBD
- Rates: Council $1035pq (Approx.)
Contact Matthew Carvalho 0404 006 744
Kristian Morris 0411 415 297
