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137 Marrickville Road, Marrickville NSW 2204

  • Retail
  • Floor Size287 m²
  • PriceFor Sale, Contact Agent

PRIME COMMERCIAL INVESTMENT WITH RENTAL UPSIDE & FUTURE DEVELOPMENT POTENTIAL

This prime freehold commercial property provides astute investors a rare opportunity to enter one of Sydney's most tightly held commercial hubs. Marrickville continues to evolve as the Inner-West's most sought after retail & F&B precincts;

Features;
+ 287 sqm* of building area spread over two (2) levels, and set on a 190 sqm* land parcel
+ Great frontage & signage onto busy Marrickville Road
+ Multiple income streams, with established tenants including Health Food Store on the ground floor, Yoga Studio on the first floor & additional income from Billboard
+ Passing income of $81,323* p.a. gross (+ GST), with potential for immediate rental upside
+ Rear-lane access with parking for two (2) cars
+ B2 Zoning (Local Centre) / 2.5:1 FSR / 20m height limit; allowing for future development with amalgamation (STCA)
+ First time offered in circa 40 years

The property is prominently located on the Northern side of Marrickville Road, close to the corner of Victoria Road with a bus stop at the doorstep & surrounded by well established retailers and Food & Beverage operators.

Inspect By Appointment

*approx

Property Highlights

Property ID2014968463
Floor Area287 m²
Land Area190 m²
Parking2 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  18 Apr 2019
Map for 137 Marrickville Road, Marrickville NSW 2204
Krulis Commercial
Level 9, 1 Newland Street Bondi Junction NSW 2022

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