Ideally located within easy reach of Enmore’s thriving entertainment precinct, just footsteps to an eclectic mix of cafes, wine bars and dining options, this adaptive space offers numerous residential and creative business possibilities.
The property is presented in good condition and consists of four separate tenancies including a street front retail showroom, a warehouse/office space and two upstairs residential apartments. All are currently tenanted and earning solid annual returns, and offer exceptional rewards for investors, a range of businesses or those seeking a home plus income.
Set over two levels, the freehold building holds a B-1 neighbourhood centre zoning making it suitable for a range of future options. The retail showroom has direct frontage to Enmore Road, while there is a spacious 159m² warehouse/factory space at the rear with extra height ceilings. There are also kitchen and bathroom facilities and off-street parking for at least two cars.
The upper level residential apartments are both in very good condition and include a large three-bedroom unit with two balconies, high ceilings and 121m² of living space as well as a 75m² two-bedroom apartment with a large balcony and open plan living space.
The location is convenient to the airport, also handy to Marrickville’ s hip retail and entertainment hub, Enmore Park, Annette Kellerman Pool and shopping at Marrickville Metro. It’s currently occupied by four separate tenants, however in future you could explore the option of establishing your business head quarters, living in or a combination of all three.
|R&H Suburb Summary||Houses|
|Number of sales||39|
|Median Rental Price||$800 p.w.|
|Change in Rental Rate (5yr)||7 %|
|R&H Suburb Summary||Units|
|Number of sales||21|
|Median Rental Price||$450 p.w.|
|Change in Rental Rate (5yr)||5 %|