736 Darling Street, Rozelle

At this address is a unit in 100/DP1113769 Rozelle NSW. The local government is Inner West, it has 1 bedroom, 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
0
Land size
253 m2
Building size
342 m2
Council area
Inner West
Year built
n/a
Lot plan
100/DP1113769 Rozelle NSW
House type
Commercial: Office Building



HISTORY

Last sold 30/08/2016
$1,950,000



LISTING DESCRIPTION
as of June 2020

Position with Potential | Stabilised Retail Investment Versatile and well recognised retail building within an emerging location. The property boasts attractive internal and external finishes and requires virtually no capital expenditure in the foreseeable future. Why should you buy this property? - Situated within an emerging precinct, comfortably distanced from Westconnex and the Balmain Leagues Club, although set to benefit from the upgrades once complete -Established location on the global map, being only three traffic lights to the Sydney CBD and a short 10 minute bus trip -Commanding freehold building with strong retail presence -No capital expenditure required in the foreseeable future -Substantial rent reversion opportunity, with the current anchor tenant 10+years in occupation paying a modest $402/m2 p.a. gross -Exceptionally low interest rates and lack of suitable alternative stable and high yielding investments -Surrounding precedence, including the adjoining 5 storey building, supports future development or extension potential (STCA) For further information dont hesitate to contact James Cowan.