Rare investment opportunity in the heart of buzzing shopping strip. Massive 600 sqm of full brick building area over three levels. Blue ribbon location, prime exposure this unique property is located amongst long establihed businesses, banks, etc and within short stroll from national companies’ outlets Aldis, Vinnies etc. The property consists of ground floor retail space of over 250 sqm (occupied as a newsagency for in excess of 50 years), top floor large two bedroom + sunroom private residence (with separate entry) with spacious verandah (ideal for entertainment), city skyline views, and ground floor secured parking of approx 100sqm (currently used as a storage area).
Fully occupied with multiple income stream (three separate tenancies) returning in excess of $92,000 per annum nett, tenants pay outgoings. Guaranteed flow of income. Land area: 303.5 zoning 3(a) general business.

Auction : 2nd April 12.00 noon in our rooms 102 Haldon St Lakemba

CONTACT LOUIS ON 0414 280 798