Invest in this high profile position for solid mixed use rental income. Or buy into this key Inner West retail and commercial precinct for your own business premises or home plus business. This freestanding two-storey brick commercial terrace offers a wealth of options for investors, owner-occupiers and developers. Fully leased to separate retail and residential tenants, the property enjoys massive income via expired leases while offering potential to update or redevelop (STCA) to capitalise on the 251sqm block at the centre of Drummoyne’s main retail strip.

+ Ground floor has a flowing floor plan encompassing three retail, office or display areas with polished timber floors and high ceilings, plus large kitchen area at rear.
+ 251sqm level block with 7-metre frontage, off-street driveway parking, enclosed storage area with roller door and internal access and generous rear concreted outdoor area
+ Attractively presented older style upper level 1-bedroom apartment entered via its own front door at side of property or easily converted for commercial use. Generous living area with archway through to bedroom with built-ins and polished timber floors. Modern eat-in kitchen with electric cooker, older bathroom with laundry area, rear living area/bedroom opens to large NE-facing deck with expansive district views
+ Retail area returning $35,000 / per annum
+ First floor returning $18,250 / per annum
+ Set at the heart of Drummoyne’s kitchen, bathroom and home renovations precinct, and a few minutes’ drive to the City, this property is attractive to a wide range of commercial and retail tenants looking to position themselves in this key Inner West location
+ High profile position with maximum visibility to Victoria Road’s many thousand passing vehicles every day
+ Attractive mixed use location with City buses at the door, restaurants and cafes nearby and moments walk to Birkenhead Point shops and ferry
+ Potential redevelopment opportunity (subject to Council Approval) in line with the upgrading of this section of Victoria Road, and Zoned B4 Mixed Use under the Canada Bay Local Environment Plan 2013.