RWC Sydney City Fringe is pleased to present 110 Audley Street, Petersham, for sale via Public Auction.
This rare freehold asset is exceptionally positioned in a pivotal area within Petersham's vibrant city fringe location, which hosts a diverse range of infrastructure and prestigious amenities to cater to incoming investors.
This versatile property operates as a well-established and bustling café - The Tiny Giant. The first floor serves as two beautifully appointed residences with separate access.
It is strategically positioned within walking distance of key transport links, including Petersham Station and shopping village.
Key Property Highlights:
- Zoned E1 - Local Centre
- Iconic corner with character-building
- Gross annual income - $164,310*
- Net passing income - $134,356* pa
- Four tenants, all on current leases
- High volumes of vehicular and foot traffic
- Rear and side access, off-street parking for two cars
- Additional lock-up outbuilding
OPEN FOR INSPECTION:
- Tuesday 3rd December 12pm - 12.30pm
- Thursday 5th December 2pm - 2.30pm
110 Audley Street, Petersham is being offered for sale via onsite public Auction, Saturday 7th December 2024 at 11.00am.
For more information or to arrange an inspection, please contact the agent below:
Kristian Morris
Principal and Licensee in Charge
RWC Sydney City Fringe
0411 415 297
*approximately
The size of Petersham is approximately 1.3 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Petersham in 2011 was 7,529 people. By 2016 the population was 8,114 showing a population growth of 7.8% in the area during that time. The predominant age group in Petersham is 30-39 years. Households in Petersham are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Petersham work in a professional occupation. In 2011, 49.8% of the homes in Petersham were owner-occupied compared with 47.3% in 2016.
Petersham has 5,098 properties. Over the last 5 years, Houses in Petersham have seen a 34.07% increase in median value, while Units have seen a 17.29% increase. As at 30 November 2024:
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