96 Audley Street Petersham, NSW 2049

RWC Sydney City Fringe is pleased to offer 96 Audley St, Petersham, for sale via Auction.

This inner-city freehold investment is tightly held by three separate tenancies. Situated amongst a prominent collection of retail shops, positioned 6km* West of Sydney CBD and within 300m* of Petersham Train Station and multiple other public transport options.

96 Audley Street consists of a large top-level residential 1-bedroom unit, plus an additional lower-ground 1-bedroom unit, and a ground-floor commercial space with a high volume of passing vehicular and foot traffic.

Key Highlights;

• E1 Local Centre zoning with shop top housing and boarding house permitted (STCA)**
• 158sqm* of land and 149sqm* of existing building over 3 levels
• Current gross building area of 149sqm well under FSR: 2.2:1 and potential GBA of 347sqm (STCA)**
• Valuable special condition in commercial lease allowing the lessor to make further alterations & additions to the rear of the property (STCA)**
• Income producing from three tenants
• Ground floor leased to Coffee Empire Pty Ltd with a strong trading history
• Rear lane access with parking via Abels Lane
• Net passing income: $98,238* per annum

96 Audley Street, Petersham, is being offered For Sale via Auction (in Rooms) on Tuesday, 31st March at 10.30am.
AuctionWorks: Mezzanine Level, 50 Margaret Street, Sydney

For further information or to arrange an inspection, please contact the agents below:

Kristian Morris | 0411 415 297
Principal & Licensee In Charge
RWC Sydney City Fringe

*approx.
** Subject to Council Approval.