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699 Princes Highway, Tempe, NSW 2044
For Sale
$1,660,000
VALUE PACKED INVESTMENT | 5 TENANCIES, SHOP & 4 UNITS
Here is your opportunity to secure a value-packed property, within the highly popular and evolving Inner West suburb of Tempe.
Buyers will benefit from immediate rental income, with the opportunity for rental uplift, and options to occupy part or the whole property in the future. 699 Princes Highway offers a perfect combination, of ground floor commercial and 4 residential tenancies.
Key features include:
> The ideal, surprisingly affordable income-producing investment
> Current passing income of $72,800* per annum gross
> Fully leased potential income $90,000* per annum gross
> Land Area of 209m2*
> Ground floor shop, with internal kitchenette and signage exposure to Princes Highway, vacant and ready to either occupy or re-lease
> All 4 residential units are self-contained, leased and immediately income-producing
> Two x 1 Bedroom Units & Two x 2 Bedroom Units
> One secure lock up garage adjoining Unit 4
> Across the road from Bunnings Tempe (currently under construction), and in close proximity to IKEA and Tempe train station
> Close to a range of popular amenities such as shops, transport options, arterial roadways, café, restaurants, and bars.
*All amounts are approximate
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L1190354
- Property Type:Retail
- Building / Floor Area:215 sqm
- Land Area:209 sqm
- Car Spaces:1
Need help with your finance?
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
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