Leichhardt

377 Parramatta Road

250 SQM

SOLD - Undisclosed

SECURE INVESTMENT WITH UPSIDE * Multiple income streams x 3 * Passing NET Income, $115,000 PA + GST * Development Upside Urban growth corridor

Stone Commercial as the exclusive sales agents are pleased to present to market, 377 Parramatta Road, Leichhardt.

This presents an extremely rare opportunity to acquire a prime freehold asset positioned along the Parramatta Road corridor within a stone throw to Norton Street, Leichhardt. The investment opportunity benefits from the following key
attributes

- Flexible planning controls to provide a magnitude of refurbishment or development upgrade opportunities (STCA)

- Easy walk to bus stops & train station providing express services to greater transport networks

- Multiple income streams x 3, with newly established long
term leases

- Ground Floor Retail + First Floor, two (2) residential apartments

- Total passing income of approximately $119,685.68 Per Annum + GST

- Proximity to landmark location including the Royal Hotel, Nortons Hotel, Bar Italia, Chemist warehouse etc
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