Located on the highly prized Erskineville Road and only a short walk to Erskineville Station, this mixed use property is not only an outstanding opportunity to break into one of Erskineville's most tightly held locations, but also offers income from established operators and loads of potential for income growth.
Currently on hold over leases, with the tenants wanting to remain within the property, it consists of a busy local cafe on the ground floor, and three separate rooms, currently used as offices with private bathroom upstairs.
With a low maintenance outdoor area, plus secure off-street parking with rear lane access, this property has real potential for further enhancement, including conversion of the upstairs area into residential (STCA).
* Current monthly rent $6,222.76
* Established cafe with kitchen and large prep area
* 3 separate offices/bedrooms
* Building area approx 144sqm
* Land area approx 135sqm
* Secure off-street parking and outdoor space
* Excellent street exposure
The Auction will be held on Tuesday 8th June 2021 at 10:30am at Auctionworks - 50 Margaret Street, Sydney NSW 2000