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  • 699 Princes Highway, TEMPE, NSW 2044

699 Princes Highway, Tempe, NSW 2044

  • Floor Area:215sqmLand Area:209sqm
  • 1garages
    • 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

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      avatar Nicole Sell
      Nicole Sell
      Sales & Leasing Consultant
      avatar Luke Smith
      Luke Smith
      Director | Licensed Real Estate Agent | Licensed Business Agent

      Got a property to sell? Contact us for a free Request Appraisal

      Property Info:
      • Property ID: L1190354
      • Property Type:Retail
      • Building / Floor Area:215 sqm
      • Land Area:209 sqm
      • Car Spaces:1

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