14 Northumberland Avenue, Stanmore

A Rare Mixed-Use Corner Terrace with Huge Future Rental Upside

HillCo 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.

Features:
+ 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.

Property Type Retail

Floor Area 183 m2

Land Size 190m2

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