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- Prime Corner Building
- Outstanding exposure
- Commercial and Residential income
- Flexible Zoning to Suit Most Businesses
- Opportunity to Invest, Occupy or Value-Add
PERFECT FOR PROFESSIONAL SERVICES, RETAIL, LIVE & WORK!
LOCATION LOCATION LOCATION
38 Swanson Street Erskineville is in an unbeatable position. Move your business in to immediately benefit from the dense residential occupancy, close proximity to two primary schools and the Erskineville business hub. This building is 130m from Erskineville Station. This location is right in the heart of it all which provides ideal exposure and high pedestrian and car traffic past the door which is non stop.
THE OPPORTUNITY
This gorgeous 2-storey building is located on the corner of Swanson and Sydney Street and has dual access from each. The site boasts huge street exposure from the high-profile Swanson Street coupled with the high exposure on Sydney Street with non stop foot traffic you simply cannot miss it. To the rear of the building and backing onto Sydney Street, there is the potential to build a self contained studio above the garage which can be used in a variety of ways including storage or additional income opportunity (STCA). Sydney Street is tightly held as it's a quiet cul de sac and has a reserve at the top of it.
KEY FACTS
- 177sqm Two-storey freestanding building with 2 street frontages
- Existing commercial lease providing $19,760pa
- Separate entrance providing opportunity to also benefit from residential income $62,000pa approx
- Prominent corner position with expansive street exposure in Erskineville
- Commercial Mixed Use Zoning, encourages range of businesses
- Dual access for commercial/retail use and exclusive access for residential use
- Lockup garage with potential to add self contained studio (STCA)
- Close proximity to Sydney CBD 4.4km, RPA Hospital 1.4km, Sydney Uni 1.3km
- 130m to Erskineville train station
As an added bonus, the property offers the potential to build a self contained studio or granny flat above the garage that will increase accommodation area and earning potential (STCA). Subject to existing tenancies, there is so much potential here, with scope to use the commercial space as a business headquarters with rental income from the house, a home-plus-income or a high performing investment property.
This is an extremely rare and prized chance to own a highly versatile Erskineville property with high exposure, excellent rental income and value adding potential in one of Sydney's fastest-growing property markets.
Contact Moira Verheijen 0414 343 995
Shaun Stoker 0424 172 217
