A rare opportunity to acquire a highly visible two-storey mixed-use freehold in the heart of Lewisham, anchored by an established smash repair workshop and complemented by a three-bedroom residence. Situated on New Canterbury Road within Sydney's vibrant Inner West, this versatile property delivers strong dual-income returns with a potential Gross Annual Income of $135,000 pa and presents excellent future upside, including possible redevelopment potential (STCA).
Key highlights:
-Land area: 240 sqm approx
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-Building area: 340 sqm approx
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-Long-established smash repair workshop with prominent street frontage
-Three-bedroom residential dwelling offering separate access and strong rental appeal
-Potential Gross Annual Income of $135,000 pa
-Potential to capitalise on Inner West growth and planning frameworks to add density or alternative uses (STCA)
-On-site parking with rear lane access and excellent exposure to high traffic flows
-Well connected to transport including Lewisham Train Station, Light Rail and multiple bus routes
-Positioned within a dynamic precinct of retail, commercial and residential amenity in Lewisham's Inner West locale
This offering presents an outstanding platform for investors or owner-occupiers seeking a rare mixed-use asset with both stable income and future repositioning upside in a tightly held Sydney market.
DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, LJ Hooker Ashfield does not make any representation as to the accuracy of the information contained in the advertisement, does not accept and responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.
