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1/66-68 Perouse Road
Randwick NSW 2031
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1/66-68 Perouse Road Randwick NSW 2031

  • Other
  • 176 m²
  • Commercial Auction

Retail and Residential with a return of 5.7% PA

    Featuring a retail shopfront and a separate two-bedroom apartment above, this property presents a unique opportunity with mixed-use income streams and excellent surrounding amenities. The commercial premises boast a highly visible frontage, ensuring exposure to plenty of passing foot traffic. Meanwhile, the apartment serves as a private sanctuary, completing the perfect blend of business and personal space.

    - First class investment opportunity comprises a shop and separate residence above
    - Presently returning 5.7% PA
    - Ground floor comprising of a Thai restaurant, trading as Ummarin Thai Leased till 30/6/26
    - Apartment accommodation consists of two bedrooms with an oversized living/dining
    - Thai restaurant 88sqm and apartment 88sqm, totaling 176sqm
    - Ideal for owner-operators seeking a combined residence and business space
    - Appeal to investors desiring a mix of commercial and residential assets
    - Dual-use potential, reside upstairs while earning from the downstairs commercial space
    - Fantastic opportunity in a bustling location close to a vast array of amenities
    - Shop leased at $6,875pm, apartment leased at $1,666.66 pm, totaling $8541.66pm

    Auction date and time15/10/2024 18:15
    Auction locationIn Rooms - McGrath Coogee

    OPEN FOR INSPECTION

    21/09/2024 11:45 - 12:15
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    26/09/2024 11:45 - 12:15
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    28/09/2024 11:45 - 12:15
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    03/10/2024 11:45 - 12:15
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    05/10/2024 11:45 - 12:15
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    10/10/2024 11:45 - 12:15
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    Property Highlights

    Floor AreaAsk Agent
    Land Area176 m²
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019496488
    Category
    Last updated  16 Sep 2024
    Map for 1/66-68 Perouse Road Randwick NSW 2031

    Property Highlights

    Floor AreaAsk Agent
    Land Area176 m²
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019496488
    Category
    Last updated  16 Sep 2024

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