First time offered in over 40 years, this is an outstanding investment opportunity. Located in the heart of Newtown, in a prime position amongst the most sought after retail precinct. The property is fully leased to two separate tenants, and benefits from rear access with yard and potential for off street parking STCA.
- Currently leased to two separate tenants Ground floor retail and first floor residential
- The property generates a rental income of approximately $147,890.00 per annum
- Value add opportunity with further upside
- Further income and outgoing details are stipulated in the Information Memorandum
- Prime property with land site of approximately 163 sqm
- Building area approximately 206 sqm
- Rear lane access with potential for parking STCA
- Zoned B2 Local Centre with Inner West Council
- Close to Newtown Train Station, Royal Prince Alfred Hospital, University of Sydney & Broadway Shopping
