399 Parramatta Road,
Leichhardt, NSW 2040
Shops & Retail • Offices • Development Sites & Land
Detailed listing
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Raine & Horne Commercial - Inner West/South Sydney
4-8 Gladstone StMARRICKVILLE, NSW 2204
399 Parramatta Road
Leichhardt, NSW 2040
Detailed listing
Map of 399 Parramatta Road
Affordable Retail Shop & Residence in the Heart of Parramatta Road, Leichhardt | Auction 27th August 2024
An excellent opportunity to acquire this two-level mixed building fully leased to two separate tenancies. Strategically located on Parramatta Road next to the busy Norton Street intersection, the property benefits from incredible exposure to vehicular and foot traffic 7 days a week in this popular Inner West suburb.
Key Features:
> Fantastic opportunity for investors, owner occupiers with future development upside (as part of NSW Government's Parramatta Road Corridor Urban Transformation Strategy)
> Ground floor retail showroom & first floor 2-bedroom residence
> Strategically located on Parramatta Road, right next to the intersection of Norton Street, Leichhardt in Sydney's 'Little Italy'
> Secure rental income from two separate tenancies, returning $53,820 per annum (ex. GST)
> Rear lane access via Renwick Lane
> Off-street parking for 1 vehicle
> Land area 114sqm approx.
> The property is surrounded by popular neighbours: Norton's pub, Moretti pizzeria, Norton Plaza , Australia Post, Leichhardt Town Hall and Palace Cinemas
> Close proximity to ample street parking, council parking bays, bus stops, Leichhardt North light rail and Petersham train station
*All amounts, areas and distances are approximate
Auction Details:
For Sale by Auction on Tuesday, 27th August 2024
In Rooms & Online, 50 Margaret Street, Sydney NSW 2000
Key Features:
> Fantastic opportunity for investors, owner occupiers with future development upside (as part of NSW Government's Parramatta Road Corridor Urban Transformation Strategy)
> Ground floor retail showroom & first floor 2-bedroom residence
> Strategically located on Parramatta Road, right next to the intersection of Norton Street, Leichhardt in Sydney's 'Little Italy'
> Secure rental income from two separate tenancies, returning $53,820 per annum (ex. GST)
> Rear lane access via Renwick Lane
> Off-street parking for 1 vehicle
> Land area 114sqm approx.
> The property is surrounded by popular neighbours: Norton's pub, Moretti pizzeria, Norton Plaza , Australia Post, Leichhardt Town Hall and Palace Cinemas
> Close proximity to ample street parking, council parking bays, bus stops, Leichhardt North light rail and Petersham train station
*All amounts, areas and distances are approximate
Auction Details:
For Sale by Auction on Tuesday, 27th August 2024
In Rooms & Online, 50 Margaret Street, Sydney NSW 2000
Additional information
External websites
Leichhardt, 2040 demographic data
The median household income for Leichhardt is $2,673, 29% higher than Greater Sydney's household income of $2,077. Leichhardt has a similar age profile compared to the rest of Greater Sydney (median age 37). Property ownership data shows 58% of property owners in Leichhardt have a mortgage.
15,158
Population
$2,673 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
Raine & Horne Commercial - Inner West/South Sydney4-8 Gladstone St
MARRICKVILLE, NSW 2204
MARRICKVILLE, NSW 2204
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