Right at the heart of Gladesville's high street retail strip, this traditional full brick commercial terrace with upper-level residence ticks all the boxes for investment or work/home option with future potential. The ground floor retail is currently leased to a hair salon, while the two-bedroom upper-level apartment is also rented providing a strong and steady cashflow. Zoned B4 Mixed Use (MU1) under the City of Ryde LEP 2014 with R2 22-metre maximum Height of Building, the property provides future development potential (STCA) in this evolving suburb with a number of retail plus apartment complexes currently under construction. Just 10km to Sydney's CBD with major road routes to Ryde & Parramatta and easy access to Macquarie University & Macquarie Park technology precinct, this is an opportunity to buy into one of Sydney's next growth locations. Information Memorandum available on request.
+ Traditional brick commercial terrace with 5.1 metre frontage
+ 108sqm ground floor retail with floor-to-ceiling windows provide high visibility display options
+ Back door with roller security shutter opens to rear laneway
+ Rear stairs to stylishly renovated 70sqm 2-bedroom apartment with open living/kitchen, tiled floors, ducted A/C, oversized covered deck
+ Both leases in holding-over, offering option to occupy for home & business
+ Bustling retail strip with shops, services, cafes and eateries
+ Close to Post Office, Gladesville Shopping Village & RSL
+ City Express, Parramatta, Ryde & Chatswood buses nearby
+ Easy access to M4 & M2 motorways & arterial road to City