Multi-Tenant Investment Opportunity in a Prime Enmore Road Location!

Nestled in the bustling heart of the renowned Enmore Road Entertainment precinct, this exceptional property presents a golden opportunity for both owner-occupiers and astute investors.
Positioned amidst a vibrant backdrop of restaurants, bars, and cafes, and a mere 200 meters from the famous Enmore Theatre, this high-traffic locale offers unparalleled visibility and convenience. Bus services conveniently pass right by the front door, and Newtown station is just a short stroll away, making this property easily accessible.

The current setup includes two spacious 2-bedroom residences on the first floor, along with a ground floor shop and a tandem garage. What makes this property truly versatile is the ground floor layout, which can be combined into a unified space or used separately, providing endless possibilities for customisation.

Set on 159m2 (approx) of land, this tri-level building was re developed in 2013 with quality solid concrete and brick construction.

At present, both residences are leased until February 2024, while the ground floor is currently vacant. This flexibility allows you the freedom to update the property to suit your specific needs or maintain the existing leasing agreements, enjoying a consistent stream of income. Anticipated gross income is estimated at approximately $135,000 per annum.

Don't miss out on this incredible opportunity to invest in a high-traffic, prime location that offers both immediate returns and long-term potential. Contact us today to seize the advantages of this dynamic opportunity!

* Building Size is approximate.

Contact agent for "Information Memorandum".

David Cradock 0418 4965...