616 Darling Street, Rozelle

This is a unit situated in DP438743 Rozelle NSW. In the local government area Inner West, it has 1 bedroom, 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
0
Land size
170 m2
Building size
153 m2
Council area
Inner West
Year built
n/a
Lot plan
DP438743 Rozelle NSW
House type
Commercial: Industrial Building



HISTORY

Last sold 10/08/2015
$1,500,000



LISTING DESCRIPTION
as of July 2015

Often sought but rarely found A rare opportunity to secure a solid investment with mixed use. The building has 44sqm of retail space plus two apartments. The retail premises are leased to a long standing, well-established business with a new three year lease and 2 x three year option's. The residential component comprises a ground floor renovated studio apartment with modern laminate kitchen and sleek bathroom, whilst the first floor apartment is un-renovated with one bedroom, high ceilings and period features throughout. Both apartments share laundry facilities and rear courtyard.- Fully leased investment- Gross annual income $80,743- 44 sqm of retail- Renovated studio apartment- Unrenovated one bedroom apartment- Located in busy Rozelle village on the peninsula side- Good solid return- Scope to improve