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273-275 Homer Street, Earlwood, NSW 2206
Floor Area:
510sqm
Land Area:
419sqm
Auction
Auction 24th March 2026
Rare Mixed-Use Investment Opportunity Under Same Ownership for 75 Years | 6 x Leased Tenancies
An exceptionally rare chance to secure a tightly held mixed use freehold property in the heart of Earlwood's thriving retail and lifestyle precinct. Held by the same family for 75 years, this blue chip asset offers strong existing income with scope for refurbishment or future strata subdivision.
Set on approx. 419m² of prime land, the property comprises six fully leased tenancies delivering stable, diversified returns and clear potential for rental uplift.
The ground floor features two well established commercial tenants with prominent exposure to busy Homer Street-one of Earlwood's most tightly held retail strips with strong foot traffic and vehicle flow.
Above, four well maintained two bedroom apartments provide additional secure income. Rear lane access via Homer Lane leads to undercover off street parking for up to eight vehicles - an increasingly valuable amenity in this vibrant urban setting.
Property Highlights:
> 6 x fully leased income-generating tenancies:
> 2 x ground-floor commercial premises with high street exposure
> 4 x first-floor, well-presented two-bedroom residential apartments
> 6 x fully leased income-generating tenancies
> Potential market rental of circa $220,000 per annum
> Located within Earlwood's most tightly held retail strip, surrounded by established businesses and with a residential tenancy vacancy rate of under 1%
> Rear-lane access via Homer Lane
> Approx. 419m² of land in prominent high-street position with elevated views to the CBD
> Separately metered electricity for each tenancy
> E1: Local Centre Zoning allowing for a broad range of commercial and residential uses
> High-exposure retail frontage on busy Homer Street, consistent foot and vehicle traffic
> Strong, stable rental income with diverse tenancy mix
> Potential for future strata subdivision (STCA)
> Potential future redevelopment uplift (STCA)
> Property under the same family ownership for 75 years - an unrepeatable opportunity in a premium Inner South-West location
This is a rare chance to acquire a blue-chip freehold property in a retail precinct renowned for its scarcity of available stock with residential vacancy rates under 1%. Properties in this tightly held section of Earlwood's high street seldom come to market, making this offering especially significant.
Under the same family ownership for 75 years, this iconic mixed-use asset is ready to be passed on to a new owner-an opportunity unlikely to be repeated in the foreseeable future.
*All areas, amounts & distances are approximate.

Nicholas Smith
Director | Licensed Real Estate Agent | Licensee in Charge

Mathew Budzevski
Sales & Leasing Associate to Nicholas Smith
Got a property to sell? Contact us for a free Request Appraisal
Auction:
Tuesday 24 March at 10:30AM
Property Info:
- Property ID: L39268090
- Property Type:Retail
- Building / Floor Area:510 sqm
- Land Area:419 sqm
- Car Spaces:8
Need help with your finance?
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Craig Betalli
Mortgage Broker
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