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- 399 Parramatta Road, LEICHHARDT, NSW 2040
FloorPlan399 Parramatta Road, Leichhardt, NSW 2040
Floor Area:
120sqm
Land Area:
114sqm
1Sold
Sold Prior To Auction
Affordable Retail Shop & Residence in the Heart of Parramatta Road, Leichhardt | Auction 27th August 2024
An excellent opportunity to acquire this two-level mixed building fully leased to two separate tenancies. Strategically located on Parramatta Road next to the busy Norton Street intersection, the property benefits from incredible exposure to vehicular and foot traffic 7 days a week in this popular Inner West suburb.
Key Features:
> Fantastic opportunity for investors, owner occupiers with future development upside (as part of NSW Government's Parramatta Road Corridor Urban Transformation Strategy)
> Ground floor retail showroom & first floor 2-bedroom residence
> Strategically located on Parramatta Road, right next to the intersection of Norton Street, Leichhardt in Sydney's 'Little Italy'
> Secure rental income from two separate tenancies, returning $53,820 per annum (ex. GST)
> Rear lane access via Renwick Lane
> Off-street parking for 1 vehicle
> Land area 114sqm approx.
> The property is surrounded by popular neighbours: Norton's pub, Moretti pizzeria, Norton Plaza , Australia Post, Leichhardt Town Hall and Palace Cinemas
> Close proximity to ample street parking, council parking bays, bus stops, Leichhardt North light rail and Petersham train station
*All amounts, areas and distances are approximate
Auction Details:
For Sale by Auction on Tuesday, 27th August 2024
In Rooms & Online, 50 Margaret Street, Sydney NSW 2000
Nicholas Smith
Director | Licensee in Charge
Dane Henrich
Sales & Leasing Consultant
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L1194340
- Property Type:Retail
- Building / Floor Area:120 sqm
- Land Area:114 sqm
- Car Spaces:1
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Craig Betalli
Mortgage Broker
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