This property is a unit located on a lot in 5/DP203587 Petersham NSW. Based on comparable properties, we estimate its value at $1,375,000. In the council area Inner West, featuring 6 bedrooms and 1 bathroom.
A Strata Subdivision Consent of (4 Units) - greer Located along a re-development boom corridor, 5 Km from Sydney CBD, taking company with neighbouring business and buildings such as, Portuguese Churasco, Doughboy Pizza, Foodworks & The Majestic.Current existing use as an investment block of 6 units modern and renovated, consisting of 1 commercial office unit & 5 residential studios/1bedroom unit ( Subject To Council approval) with a total building area of 284sqm internal area.Presently a development consent for a Strata Subdivision of 3 x 1 bedroom oversized appartments and 1 large retail shop( Total of 4 Units ).A diverse & flexible property investment over 2 storeys to 3 levels at the rear, with dual street frontage. There is rear access into a double garage and second entry.A security building with monitoring , key pad alarms and grills. Includes air conditioning in some of the units.Benefiting from Sydney's High Rise Urban expansion on Petersham's City Transport meanwhile retaining commercial & residential values whilst improving prices into the future can be almost assured.Present gross annual income (incl GST) $102,570, on a fully let basis.