14 Northumberland Avenue, Stanmore
A Rare Mixed-Use Corner Terrace with Huge Future Rental UpsideHillCo Property Group in conjunction with Cobden Hayson is pleased to offer this prominent mixed-use freehold Inner-West investment.
Occupying a prominent dual access corner position, this unique terrace presents a sound investment opportunity with excellent capital growth potential. Offered for sale in one line, the property comprises a private three-bedroom residence and separate established 63 sqm cafe equipped with a commercial-grade kitchen and excellent natural light and street exposure.
+ Corner retail cafe with separate access
+ Huge future rental upside via separating tenancies, and creating multiple income streams
+ Prime city fringe location on the cusp of Annandale village
+ Dual street frontage, rear lane access to an oversized garage
+ Private 3 bedroom, two storey residence with a large courtyard
+ Large rooftop terrace capturing panoramic district views
+ Established cafe, featuring soaring ceilings and exposed brickwork
+ Built-in seating, commercial grade gas kitchen and cool room
+ 2 bathrooms, internal laundry, corner of Corunna Road
+ Solid passing gross income of approx $68,726 p.a. gross (+ GST), with Lease until March 2023, plus five (5) year option
A strong asset in a prominent location, there's future potential to renovate and add value capitalising on the ongoing gentrification of Stanmore village, and separation of tenancies.