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1 Station Street Petersham, NSW 2049

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1 Station Street,
Petersham, NSW 2049

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Prime business & residences offering creative opportunities

Attention investors: this dual-level freehold building occupies a prime corner position directly opposite Petersham Park and offers numerous creative possibilities. Currently operating as a successful specialty cafe/restaurant plus two residential apartments, the property has a high standard of appearance and generates solid annual returns.

The streetfront cafe is fully equipped with servery bar, counter and commercial kitchen facilities plus there are two well-presented upstairs residential apartments. One has three bedrooms, the other one bedroom. All three properties have separate tenants and enjoy leafy views over the park, plus there is access to parking space along the side of the building.

This unique property offering will have an instant impact on investors because of its diverse range of separate tenancies earning a combined $124,140 per annum in rental income. It would make a great home plus income prospect, a high performing investment or the perfect superfund asset.

This quiet location is tucked away within a few footsteps to city buses along Parramatta Road and is positioned with ease of access for customers and year-round pedestrian traffic.

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
04251111...
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1 Station Street
Petersham, NSW 2049

Detailed listing

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