Situated in the heart of Pyrmont, this mixed use terrace house is currently being operated as a italian restaurant and art gallery and is an ideal long term investment with potential for redevelopment or residential use in the future (STCA).
The property benefits from the following:
- 112sqm land holding with dual frontages - Two Storey terrace originally set up as a two bedroom, one bathroom residence - Passing income of $85,490 plus GST and outgoings p/a as at 19/06/24 - Current fit out as an italian resurant with art gallery upstairs - Large rear yard currently with alfresco dining and car space - Potential to redevelop on Experiment Street frontage (STCA) - Prime location in the heart of Pyrmont less than 500m from new Metro
This property is a unique opportunity to acquire a double fronted terrace home with a quality, long term tenancy. Please contact Michael or Con for further details or to inspect.
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