Positioned in the heart of Bronte's tightly held Macpherson Street retail village, 134 Macpherson Street presents a rare opportunity to secure a versatile mixed-use freehold investment with strong existing income and value-add potential.
Comprising a ground floor retail pharmacy and a well-presented two-bedroom residence above, this 165sqm* building occupies a 141sqm* parcel of land in a premium Eastern Suburbs setting. The property benefits from dual income streams with significant residential rental uplift potential or the option to own and occupy.
An ideal opportunity for investors, SMSFs or future owner-occupiers looking to secure a prime slice of Bronte real estate with exposure, holding income and long-term capital growth.
Key Features:
- Freehold commercial/residential building in Bronte's main village strip
- Brand New 5 x 5 Year Lease to established pharmacy
- 2 Bedroom 1 bathroom house
- Outdoor terrace area
- Rear lane Parking via Virgil Lane
- Total internal area of approx. 165sqm on 141sqm land
- Dual income streams with strong residential rental reversion upside
- Excellent position within a thriving neighbourhood village precinct
- Ideal for passive investors, future owner-occupiers, or long-term land bankers
For more information don't hesitate to contact the listing agents.
Charles Raine 0497 534 874
Paul Grasso 0434 497 793
James Cowan 0425 337 691
Auction: Thursday 21st August at 10:30am (AEST), held at Cooley CBD, Dexus Place on Level 5, 1 Margaret Street, Sydney.