20-22 Fred Street,
Lilyfield, NSW 2040
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Map of 20-22 Fred Street
Lilyfield Mixed-Use Building With Development Upside
- Land area 603sqm*
- Fully tenanted investment
- Development upside/reposition
IB Property is delighted to present the offering of 20-22 Fred Street, Lilyfield — a remarkable mixed-use property brimming with potential. Nestled just a short walk from the vibrant Darling Street, this exceptional building occupies a generous 603sqm* parcel with a 19m wide street frontage. This rare gem boasts a diverse array of maintained residential apartments and commercial office suites, complemented by a separate industrial facility nestled in the basement.
The ground level comprises three spacious and individual 1-bedroom apartments, all currently leased and yielding excellent rental returns. The first floor, encompassing 480sqm*, comprises of an elegantly designed open gallery office and reception area.
At the pinnacle of luxury living lies a breathtaking three-bedroom apartment. This unparalleled residence features a grand foyer entry, a gourmet island kitchen, a versatile piano room, multiple balconies offering captivating vistas, a generously sized outdoor swim/spa pool, and an expansive entertaining terrace—the epitome of alfresco indulgence.
*approx.
Key Features:
- 2 storey commercial freehold building
- Land area 603sqm*
- Secure Tandem Parking for 4 cars
- Net income of $211,923* per annum.
- Fully leased investment opportunity
- Development upside/reposition
20-22 Fred Street will be for sale via Public Auction on Thursday, 16th of May 2024 at 10:30am.
For more information or to book an inspection, contact the exclusive agents Steffan Ippolito 0403 347 1... or Daniel Cipolla 0450 633 6...
The ground level comprises three spacious and individual 1-bedroom apartments, all currently leased and yielding excellent rental returns. The first floor, encompassing 480sqm*, comprises of an elegantly designed open gallery office and reception area.
At the pinnacle of luxury living lies a breathtaking three-bedroom apartment. This unparalleled residence features a grand foyer entry, a gourmet island kitchen, a versatile piano room, multiple balconies offering captivating vistas, a generously sized outdoor swim/spa pool, and an expansive entertaining terrace—the epitome of alfresco indulgence.
*approx.
Key Features:
- 2 storey commercial freehold building
- Land area 603sqm*
- Secure Tandem Parking for 4 cars
- Net income of $211,923* per annum.
- Fully leased investment opportunity
- Development upside/reposition
20-22 Fred Street will be for sale via Public Auction on Thursday, 16th of May 2024 at 10:30am.
For more information or to book an inspection, contact the exclusive agents Steffan Ippolito 0403 347 1... or Daniel Cipolla 0450 633 6...
Property ID: 504568652Last Updated: 19 Jul 2024
20-22 Fred Street
Lilyfield, NSW 2040
IB Property - Annandale75 Nelson Street
ANNANDALE, NSW 2038
ANNANDALE, NSW 2038
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