A Modern Fully Leased Inner-West Freehold Mixed-Use Asset | 5 x 1 Bedroom Apartments + A Secure Lease to Thriving Café
• 5 x 1-bedroom units with an additional room which can be a study or single bedroom,
• 1x ground floor commercial suite Currently operating as a Café
• Rear Lane Access to two lock up carspaces from Kroombit Lane
• Current Net Income approx. $164,686 PA
• Potential Rental Reversion $201,396 PA
• Potential to subdivide^
• 3-level building with a lift & private rooftop with city views
• Stunning City Views
• Full brick and concrete construction
• To be sold in one line
• Close to a range of popular amenities such as educational establishments, shops, transport options, arterial roadways, café's, restaurants and bars
• Perfect as an investment with immediate income being generated or a self-managed super fund purchase, strata sell-down groups and housing providers looking to capitalize on the current housing shortage, rising rents and migration boom
The property is to be offered For Sale by public auction on Tuesday 1st April 2025 at 10:30 am at the mezzanine Level, 50 Margaret Street, Sydney NSW 2000
Pyrmont / Glebe
