Centrally located amidst an active City fringe enclave within strolling distance to a host of fashionable cafes with easy access to Newtown, Broadway and the CBD, this dual-level freehold building offers buyers numerous creative possibilities.
The property currently comprises a street-front retail outlet plus a generous 3-bedroom apartment with private entry. There is also dual street access and secure parking from the rear lane, it presents enormous potential to update, redesign and explore its many options.
Interiors are in original condition and feature a lower level retail space with kitchen and bathroom facilities, storage, counter/servery and direct roller door access to Abercrombie Street.
A generous two-level apartment includes a lower level living space and kitchen, three large upstairs bedrooms and a full bathroom. There is also a private rear courtyard and secure access to a parking space.
This is a solid investment opportunity with good annual returns and options to create an exciting retail space with additional rental income or to transform this property into a designer warehouse residence of grand proportions within walking distance to the CBD.
Land Size: 140 sqm
Zoning: Mixed Use
Rent
Shop-floor potential rent $350 per week.
Apartment current rent $300 per week. (Lease expired).