Description

A rare opportunity exists to own a premium piece of Commercial and Residential real estate right in the heart of Sydney's Inner West.
Perfectly positioned in the centre of Stanmore Village, a unique / stable income stream with 1 established retail shop & residential unit. Featuring rear lane access via Percival Lane West leading to lock up carport, bus stop located at front on Percival road, Stanmore Railway Station within 150 metres.
Commercial Shop

- Equip commercial shop with 120 Sqm internal space including storage, currently leased to local newsagency (long term established business) generating circa $4,500 per month rental returns
- Two bedroom residential flat upstairs with scope to increase value, currently rented at $525 per week to a long term tenant
- Double car port - rear lane access
- Bus stop located at front of the shop
- Train services 150 metres away
- Scope to redevelop (neighbouring blocks have added 2 x units to increase holding income)

The whole package is spread over 221.3sqm from main street to lane way.