399 Parramatta Road, Leichhardt, NSW 2040

  • Floor Area:
    120sqm
    Land Area:
    114sqm
  • garages1
    • Sold

      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

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      avatar Nicholas Smith
      Nicholas Smith
      Director | Licensed Real Estate Agent | Licensee in Charge
      avatar Dane Henrich
      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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