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Raine & Horne Commercial - Inner West/South Sydney

7a Queen St Petersham, NSW 2049

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7a Queen St,
Petersham, NSW 2049

Development Sites & Land • Warehouse, Factory & Industrial

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Raine & Horne Commercial - Inner West/South Sydney
Luke Smith
Ben Ayers

Raine & Horne Commercial - Inner West/South Sydney

4-8 Gladstone St
MARRICKVILLE, NSW 2204
Raine & Horne Commercial - Inner West/South Sydney
7a Queen St
Petersham, NSW 2049

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DA Approved for a 22 Room Boarding House | Occupiers, Builders and Investors

7a Queen Street, Petersham is currently a 771m² industrial building, most recently used as a joinery workshop, with approval to convert and develop into a 22-room boarding house, including 6 loft 1 bedrooms. The DA has 3 separate communal areas and an outdoor area which will provide outdoor seating/dining and amenities such as BBQ facilities. Bicycle (5) and motorbike (5) parking is internal and secure car parking (2) is provided underneath and accessed from the side lane. The CC documentation is 50% completed.

> Access to the building is via Queen Street as well as a side laneway.
> Once completed it will be a perfect multi-income producing investment.
> Fantastic base for a residential warehouse conversion.
> Potential to be easily adapted for your business use should you wish to keep the building in its current form.
> Poised to benefit from a range of nearby developments and infrastructure upgrades.
> Offers immediate access to Leichhardt town centre and a choice of transport options.
> Close to a range of popular amenities such as educational establishments, hospitals, shops, transport options, arterial roadways, cafés, restaurants and bars.


*All amounts are approximate

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Petersham, 2049 demographic data

The median household income for Petersham is $2,217, 7% higher than Greater Sydney's household income of $2,077. Petersham has a younger age profile compared to the rest of Greater Sydney (median age 36 vs 37). Property ownership data shows 58% of property owners in Petersham have a mortgage.

8,200
Population
$2,217 per week
Median household income
36 years
Median age
Renters
Most residents
Families
Most households

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