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623 Darling Street Rozelle, NSW 2039

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623 Darling Street,
Rozelle, NSW 2039

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Balmain peninsula corner retail opportunity

Located on the corner of Darling and Nelson Street's, in the heart of the Rozelle retail precinct, this high profile building is offered to the market for the first time in over 50 years. The property comprises ground floor retail shop together with adjoining 3 bedroom residence above. Both the retail and residential tenancies are presently under monthly holding over provisions and vacant possession is available if required.

This prime corner building, zoned "Business" usage is presently underutilised and has the potential to expand upon the retail area, and parking may be available (subject to Council Approval).

This property is an ideal opportunity for investors and partial owner occupiers (ie: occupy the residence whilst enjoying the income stream from the retail tenancy).

The ground floor is presently occupied by the long standing ‘Tom Gallo' Hairdresser, whilst the residence on the upper level enjoys widespread district views.

Ground floor currently leased under a new four year lease agreement whilst the upstairs residence also currently tenanted on a monthly basis.

A rare opportunity to secure a high profile corner building in the prime Rozelle retail precinct with excellent capital and rental growth prospects.

GBA - 150sqm approx.

Property ID: 500176901Last Updated: 17 Dec 2015

02 9818 38...
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623 Darling Street
Rozelle, NSW 2039
CobdenHayson Balmain - BALMAIN
500 Darling Street
BALMAIN, NSW 2041

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