FOR SALE
FOR SALE

161 Perry Street
Matraville NSW 2036

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 183m2
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MUST BE SOLD - Freehold Mixed Use Investment Opportunity w/ Uplift^

Ray White Commercial (SC) is proud to present to market this exceptional mixed use investment opportunity at 161 Perry Street, Matraville. The property is offered for sale by negotiation. The vendor's instructions are clear, the property must be sold.
This boutique freehold shop-top-housing features a retail shop with a fully equipped commercial kitchen and a studio on the ground level, complemented by a spacious 4-bedroom unit on the upper floor. Currently generating strong rental income, the property benefits from a flexible E1: Local Centre zoning, with potential for future upside through renovation, rental increase, development or repositioning.^
Located at one of Matraville's busiest intersections, in one of Sydney's most densely populated South Eastern suburbs, this property presents a significant opportunity for savvy investors or developers to capitalise on the strong demand for housing in this highly sought-after neighbourhood.
Additional highlights of the asset include:
• Retail space with commercial kitchen fit-out and double garage
• 1 x studio and 1 x 4-bedroom unit, both tenanted
• Separate entrances for retail and residence
• Estimated fully leased rental income of $122,900 per annum*
• Site area of 183sqm*
• Rear lane-way access
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Property Details for 161 Perry St, Matraville

Building Type
Commercial
Floor Size
183m2

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About Matraville 2036

The size of Matraville is approximately 3.6 square kilometres. It has 13 parks covering nearly 4.3% of total area. The population of Matraville in 2011 was 9,039 people. By 2016 the population was 9,795 showing a population growth of 8.4% in the area during that time. The predominant age group in Matraville is 40-49 years. Households in Matraville are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Matraville work in a professional occupation. In 2011, 64.8% of the homes in Matraville were owner-occupied compared with 62.5% in 2016.

Matraville has 4,604 properties.

    There are currently 13 properties listed for sale, and 21 properties listed for rent in Matraville on OnTheHouse. According to CoreLogic's data, 208 properties were sold in the past 12 months in Matraville.

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