14 Northumberland Avenue Stanmore NSW 2048

Fabulous opportunity to invest or occupy. Two storey Shop and Residence currently leased to one tenant on an expired lease. Could be leased separately or could continue with the existing tenant.

Prominent corner position and superbly located in a developing residential area and only 5 kilometres from Sydney CBD. About 100 metres to Parramatta Road buses and with rail in about 12mins walk.

The property needs maintenance and has potential for renovation and improvement. Conversion to a full residential terrace may be possible subject to council approval.

The residence comprises 3 bedrooms, combined lounge and dining, kitchen, bathroom and laundry. Upstairs terrace with district outlook.

The land measures approximately 189.7 square meters with rear lane access to garage.

Business Use: Cafe
Gross annual return: $74,400.00
Lease: Expired commercial lease
Council rates: $1053.00 per quarter
Water rates: $155.00 per quarter (Plus trade charges to tenant)
Land Value: $1,100,000.00
Land: 189.7sqm - Dimensions 5.44/5.33m X 36.58/36.68
Cafe Area: 65sqm plus garage 31sqm
Zoning: E1 Local Centre