276 Illawarra Road, Marrickville is positioned in the heart of Illawarra Road's vibrant shopping strip, one of the most active and desirable commercial hubs in the Inner West. With a choice of popular restaurants, bars, eateries, and multiple transport options all within walking distance, this commercial investment ticks all the boxes.
• Single level freehold building on a generous 271m²* of land with 6-metre* frontage to Illawarra Road
• Currently leased to Pepito's Marrickville and generating a gross annual income of $77,800 + GST*.
• Enormous potential to increase rents or occupy a prime position in the future
• Valuable rear lane access and a secure loading bay via Tuohy Lane
• Zoned E1 Local Centre, suitable for a variety of uses
• Located adjacent to renowned establishments Eat Fuh, Hello Auntie, VN Street Foods, Woolworths, Fitness Playground, and The Lazy Bones Lounge, ensuring high foot traffic and visibility
• Known as 'Little Asia' Illawarra Road is one of the most tightly held areas in Marrickville, an already highly popular suburb. This is a rare opportunity for investors or future owner-occupiers to acquire a site with significant future potential
• Motivated vendors seeking a definite sale at auction
*All amounts are approximate
Auction Details:
For Sale by Auction on Tuesday, 10th September 2024
In Rooms & Online, 50 Margaret Street, Sydney NSW 2000