377 Parramatta Road,
Leichhardt, NSW 2040
Shops & Retail
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Map of 377 Parramatta Road
SECURE INVESTMENT WITH UPSIDE * Multiple income streams x 3 * Passing NET Income, $115,000 PA + GST * Development Upside Urban growth corridor
Stone Commercial as the exclusive sales agents are pleased to present to market, 377 Parramatta Road, Leichhardt.
This presents an extremely rare opportunity to acquire a prime freehold asset positioned along the Parramatta Road corridor within a stone throw to Norton Street, Leichhardt. The investment opportunity benefits from the following key
attributes
- Flexible planning controls to provide a magnitude of refurbishment or development upgrade opportunities (STCA)
- Easy walk to bus stops & train station providing express services to greater transport networks
- Multiple income streams x 3, with newly established long
term leases
- Ground Floor Retail + First Floor, two (2) residential apartments
- Total passing income of approximately $119,685.68 Per Annum + GST
- Proximity to landmark location including the Royal Hotel, Nortons Hotel, Bar Italia, Chemist warehouse etc
This presents an extremely rare opportunity to acquire a prime freehold asset positioned along the Parramatta Road corridor within a stone throw to Norton Street, Leichhardt. The investment opportunity benefits from the following key
attributes
- Flexible planning controls to provide a magnitude of refurbishment or development upgrade opportunities (STCA)
- Easy walk to bus stops & train station providing express services to greater transport networks
- Multiple income streams x 3, with newly established long
term leases
- Ground Floor Retail + First Floor, two (2) residential apartments
- Total passing income of approximately $119,685.68 Per Annum + GST
- Proximity to landmark location including the Royal Hotel, Nortons Hotel, Bar Italia, Chemist warehouse etc
Property ID: 504393756Last Updated: 8 Apr 2024
Stone Commercial Inner West
Suite 5&2 / 99 -101 Great North RoadFIVE DOCK, NSW 2046
04310999...
377 Parramatta Road
Leichhardt, NSW 2040
Stone Commercial Inner WestSuite 5&2 / 99 -101 Great North Road
FIVE DOCK, NSW 2046
FIVE DOCK, NSW 2046
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