139-141 Morehead Street,
Waterloo, NSW 2017

To secure this two storey full brick building in extremely sought after location. Entry level investment comprising of two separate lots with its main attribute being its VERSATILITY offering:

Multiple income stream derived from four separate tenancies consisting of ground floor commercial leased to TAB, first floor residential unit, two separate garages (a rare and valuable commodity in city fringe suburbs)
Zoning: B4 Mixed use
Potential development site (S.T.C.A.), FSR 1.25:1, HOB: 12m
Land area: 245m²
Annual rental: $80,000 per annum approx , TAB also pays 59% of total outgoings - GREAT UPSIDE RENT POTENTIAL
Rear lane access
Within walking distance to major sporting venues (Allianz Stadium & Sydney Cricket Ground), entertainment venues (Moore Park, FOX Studios) and some of Australia's leading higher education facilities (Sydney University and UTS)

Ideal opportunity for the astute property investor or trader and a certain 'winner' for the short term investor with a medium to long term plan of occupying part of or wholly both commercial and residential components of the premises.

SO....... ARE YOU IN THE RACE???