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2-4 Johnston Street Annandale, NSW 2038

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2-4 Johnston Street,
Annandale, NSW 2038

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Landmark Commercial and Residential Investment Opportunity in Flagship Position

Here lies an exceptional opportunity to acquire a unique slice of history with one of Sydney's cornerstone properties. Goodmans Buildings, circa 1890, are a truly rare example of a grand emporium-style building that forms an integral part of Annandale's historic streetscape, and offers its fortunate purchaser a landmark business and residential investment with many creative possibilities. Rarely does a prospect arise that presents such potential, versatility and prime positioning in the heart of the inner west, less than 5km from the heart of Sydney's CBD.

- Torrens title property offering seven separate lettable areas
- 4 x residential apartments and 3 x street-front retail outlets
- Prominent position with high exposure, 5km from the CBD
- Commercial dental practice, florist, and music retail outlet
- Oversized triple lock-up garage, kitchen and bathroom amenities
- 1x3 bedroom, 2x2 bedroom, & 1xstudio residential apartment
- Detailed high ceilings, character features and oversized rooms
- A traditional lacework front verandah with upgraded decking
- Currently tenanted and earning immediate solid rental income with upside
- Fully leased gross income of approx. $248,871 per annum
- Information Memorandum available upon request

Land size: 518.7sqm approx.

Inspections:
By private appointment

Additional information

Annandale, 2038 demographic data

The median household income for Annandale is $2,683, 29% higher than Greater Sydney's household income of $2,077. Annandale has an older age profile compared to the rest of Greater Sydney (median age 38 vs 37). Property ownership data shows 53% of property owners in Annandale have a mortgage.

9,487
Population
$2,683 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
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2-4 Johnston Street
Annandale, NSW 2038