Agents & Co in conjunction with Sydney Wide Property are exclusively selling this amazing property with upside to re-develop or retain as a perfect commercial/residential investment. Located on the fringe of the desirable Newtown & Marrickville precinct that is for ever growing with new eateries, distilleries & major retailers. This property is surrounded by the likes of IKEA, Bunnings & Decathlon. This property is located in a very high traffic vehicle access location with timed on street parking in front.
Currently Consisting Of:
3 x retail shops
2 x 2 bedroom residential apartments
Two street frontages with rear lane access to ample off street parking & lock up garage
Zoning B5
FSR 1.5 to 1
Permissible Building Height 14m
Currently 1 x shop tenanted & 1 apartment tenanted
Current Gross Income: $38,479.96
Potential Rental Income If Fully Leased: $88,397.00
INSPECTION TIMES
Wednesday – 2:00pm – 230pm
Saturday – 9:00am – 9:30am