FOR SALE
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765 Princess Highway
Tempe NSW 2044

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 177m2
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Home plus business opportunity in emerging precinct

Unleash your creativity or add up the investment advantages of a high exposure property with multiple income streams and potential. This traditional commercial terrace with 2-bedroom apartment, parking plus studio/workshop offers plenty of appeal for home plus business or investment in this growth location. Set on the corner of Princes Highway and Gannon Street, the approx. 177sqm block has rear lane access via Gannon Lane and the benefit of licensed billboard signage. The property is Zoned E3 Productivity Support under the Inner West Council LEP 2022 to allow a range of business, light industrial or service uses. In near-original condition, it's perfect for craftspeople or designers who want to make their mark, with room for a gallery or showroom plus workshop and residence. Ideal for services with high levels of passing traffic, home plus income or an opportunity to renovate for good rental returns and capital growth potential in this key position close to Tempe station, M5, M8, airport & Port Botany.
- 2-storey full brick commercial corner terrace
- Front 6.0m x 4.3m office, gallery or showroom
- Display windows, corner door, wraparound awning
- Split-level residential with 2 upper floor bedrooms
- Central lounge, dining/kitchen & bathroom/laundry
- Timber floors, high ceilings and original features
- Rear lane roller door access to 40sqm workshop/LUG
- Covered yard with WC, shed and access for parking
- Licenced 8.2m x 2.2m illuminated billboard on site
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Property Details for 765 Princess Highway, Tempe

765 Princess Highway, Tempe is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 177m2. The place is currently for sale with Ray White Erskineville, Alexandria and Surry Hills .

Building Type
House
Land Size
177m2

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About Tempe 2044

The size of Tempe is approximately 1.8 square kilometres. It has 7 parks covering nearly 19.7% of total area. The population of Tempe in 2011 was 3,298 people. By 2016 the population was 3,567 showing a population growth of 8.2% in the area during that time. The predominant age group in Tempe is 30-39 years. Households in Tempe are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Tempe work in a professional occupation. In 2011, 73.1% of the homes in Tempe were owner-occupied compared with 70.2% in 2016.

Tempe has 1,825 properties. Over the last 5 years, Houses in Tempe have seen a 36.40% increase in median value, while Units have seen a 49.59% increase. As at 30 November 2024:

  • The median value for Houses in Tempe is $1,704,050 while the median value for Units is $1,016,766.
  • Houses have a median rent of $885 while Units have a median rent of $600.
There are currently 2 properties listed for sale, and 7 properties listed for rent in Tempe on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Tempe.

Suburb Insights for Tempe 2044

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Contact agent
Timothy Gorring
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Ray White Erskineville, Alexandria and Surry Hills
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.