I.B Property is pleased to present 136 Anzac Parade, Kensington, a prime property boasting a two-storey building with ground floor retail space and a residential apartment on level 1. Situated on a 146sqm* land area, the property features rear parking and benefits from favourable E2 Commercial Centre zoning, ensuring versatile usage options.
With its prominent exposure and convenient location on the light rail, it offers excellent visibility and accessibility. Positioned just moments away from UNSW, Randwick Racecourse, hospitals, and the eastern suburbs beaches, it presents an attractive investment opportunity. Currently generating a passing income of $27,300 per annum*, the property also offers potential for increased returns with the current apartment rented below market value at $525 per week.
Key Highlights:
Two storey building with ground floor retail and level 1 residential apartment
Land area 146sqm*
Parking at rear
Favourable zoning E2 Commercial centre
Prominent exposure
Located on the light rail
Moments to UNSW, Randwick Racecourse, Hospital and the eastern suburbs beaches
136 Anzac Parade, Kensington will be for sale via Public Auction on Thursday, 16th of May 2024 at 10:30am.
For more information or to book an inspection, contact the exclusive agents Steffan Ippolito 0403 347 111 and Daniel Cipolla 0450 633 644.