This is a unique opportunity to secure two adjoining shops with separate titles in the much sought after Annandale area.

With a combined land area of 387m2 approx and General Business Use zoning, this offers the astute purchaser a secure and ideal investment opportunity with five separate rental income streams (approx. $77,740 per annum) with a residential and commercial mix.

There is also extensive development opportunity to refurbish and extend (subject to council approval) to create a total residential complex just 5 minutes from the CBD.

In its current format, the lower level of 189a houses a retail shop front, storeroom and commercial kitchen, with a 2 bedroom apartment located on the upper level. The adjoining building includes a retail shop front with 1 bedroom apartment located to the rear, and separate two bedroom residence on the upper level. A huge warehouse is also located to the rear of the site, plus lock-up garage and long driveway with rear lane car access from Albion Lane. This is not one to be missed!

Land Area 387m2 approx
Council Rates $1,250 per quarter
Water Rates: $419 per quarter
Rental Income: $77,740 p/annum approx

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