Investors and developers take note, a fantastic opportunity in Bexley with two titles being sold in one line.
Offering two street frontage and parking at rear, these mixed used properties offer secure returns with a mixed income coming from residential and commercial streams.
Set on 664sqm over 12m frontage with 2.5:1 FSR the property has massive room for growth whether it be for further development or complete redevelopment. Potential for mixed use redevelopment (STCA)
Existing structures: 449 is a 2 storey building consisting of; a lockup shop and 2 residential flats. 447 is a single storey shop and residence recently renovated, both have rear lane car access.
Gross rental return between $105,000 – $110,000