This property is a unit located in DP441629 Stanmore NSW. The local government is Inner West, it has 4 bedrooms, 1 bathroom.
Great investment property with Rental income and Development Upside Honeysure Commercial takes pleasure in the exclusive offering of 188 Parramatta Road Stanmore. The property is serviced by precious rear lane access via Corunna Lane. Stanmore is one of the premier and most desirable inner west suburbs situated approx. 5 kms from Sydney CBD, Darling Harbor and Sydney University and well serviced by public transportation. Zoned B2 Local Centre, this commercial and residential property offering 3 separate income streams from both commercial & residential tenants. This solid building has had considerable work done throughout including electrical wiring and new tiling to some areas. With council permission additional height can be achieved or a new development opportunity with exciting possibilities that are in alignment with the 6B Enterprise corridor, part of the NSW Government Urban strategy for Parramatta Road re-development. There is a ministerial direction that Inner West Council is to prepare a planning proposal for Parramatta Road which is consistent with the strategy.The area is proposed for a 3:1 F.S.R.. and 22mtr height which could allow for a 6 story structure.