Commercial and residential package with investment success

298 Chalmers St, Redfern, 2016

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Contact for PriceFor Sale
  • Ownership Type House
  • Property Area 69 sqft
  • Bedrooms 3
  • Bathrooms 2
  • Furnished No
  • Last Updated 13th Aug, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

This unique property offering represents an exciting opportunity to acquire a versatile commercial & residential package with high exposure to Chalmers Street. It is presented in good solid condition and features a streetfront restaurant plus a dual-level three-bedroom apartment upstairs. The property also offers excellent future potential for an upgrade, redesign, or even a redevelopment (STCA) that will really take advantage of its prime city edge position.<br/><br/>-Two separate tenancies currently earning excellent rental income<br/>-A busy Thai restaurant with commercial kitchen and seating area<br/>-Upstairs two-storey apartment with living spaces on both levels<br/>-A wide covered terrace at the rear that captures leafy outlooks<br/>-Renovated gas kitchen plus a full bathroom and separate laundry<br/>-Prime location flanked by popular restaurants, bars and transport<br/>-Right around the corner from Redfern Park, walk to the train station<br/><br/><br/>OUTGOINGS APPROX<br/>Water: $428.04 pa<br/>Council: $2227.50 pa

Location on Google Map

298 Chalmers St, Redfern, 2016

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