623 Darling Street, Rozelle

A unit situated in 1/DP32766 Rozelle NSW. The local council is Inner West, featuring 0 bedrooms, 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
1
Car spaces
0
Land size
158 m2
Building size
135 m2
Council area
Inner West
Year built
n/a
Lot plan
1/DP32766 Rozelle NSW
House type
Unit



HISTORY

Last sold 27/07/2012
$1,345,000



LISTING DESCRIPTION
as of July 2012

Balmain peninsula corner retail opportunity Located on the corner of Darling and Nelson Street's, in the heart of the Rozelle retail precinct, this high profile building is offered to the market for the first time in over 50 years. The property comprises ground floor retail shop together with adjoining 3 bedroom residence above. Both the retail and residential tenancies are presently under monthly holding over provisions and vacant possession is available if required.This prime corner building, zoned Business usage is presently underutilised and has the potential to expand upon the retail area, and parking may be available (subject to Council Approval).This property is an ideal opportunity for investors and partial owner occupiers (ie: occupy the residence whilst enjoying the income stream from the retail tenancy).The ground floor is presently occupied by the long standing ‘Tom Gallo' Hairdresser, whilst the residence on the upper level enjoys widespread district views.Ground floor currently leased under a new four year lease agreement whilst the upstairs residence also currently tenanted on a monthly basis.A rare opportunity to secure a high profile corner building in the prime Rozelle retail precinct with excellent capital and rental growth prospects.GBA - 150sqm approx.