120 Norton Street presents a prime opportunity to acquire a mixed-use freehold investment in one of the Inner West's most tightly held commercial precincts. Set on a 171sqm* parcel of land, this freestanding two-storey building comprises a well-established commercial tenancy on the ground floor and a spacious three-bedroom residence above. Recently renovated and ideally positioned in a high foot-traffic location, this property offers immediate income with clear potential for future growth and value uplift. Zoned E1 Local Centre, the site provides flexibility for a range of retail, commercial or residential uses (STCA), appealing to owner occupiers and investors alike. Strategically located just 6km* from the Sydney CBD, 120 Norton Street enjoys excellent connectivity via Parramatta Road, City West Link and frequent public transport services, including light rail and buses. Its central position is further enhanced by proximity to MarketPlace Leichhardt, local schools, parks and a thriving food and retail scene. This is an affordable entry point into a proven commercial corridor with long-term upside and strong rental appeal. Key Features - Freestanding mixed-use terrace on 171sqm* - Established commercial tenancy returning $26,000 p.a. (gross) - Oversized 3-4 bedroom apartment above, currently leased at $770 per week (gross) - Zoned E1 Local Centre - flexible future use (STCA) - High foot traffic location in the heart of Norton Street - Rear access via pedestrian laneway from Marion Street - Strategic Inner West location just 6km* from the CBD - Excellent transport connectivity and local amenities - Affordable investment with value-add potential Auction: Tuesday 19th August at 10:30am Location: Auctionworks - 50 Margaret Street, Sydney NSW 2000 *Approximate only
E-Mail-Anfrage an Belle Property Commercial - Inner West / City Fringe
Immobilie ID: 504913512
Ursprüngliche Immobilie ID: 504913512