Located in the heart of Victoria St, the coming-to-market of this 3-level mixed-use residential/commercial property presents a rare opportunity in a prized location. Situated within an original Victorian terrace, 4 individual studio apartments, 3 with balconies or terrace, plus an expansive ground-floor retail premises are to be sold in one line, offering a unique chance on this long-cherished Potts Point street.
Set over 3 levels with ground-floor commercial/retail and 4 residential studios in total across the upper 2 levels, this is an extraordinary prospect. All tenanted and in good condition, each apartment has strong rental demand as-is, with scope for comprehensive updates (STCA), while the ground-floor retail houses a long-running laundromat business over a spacious floorplan.
A superb investment with scope for a range of options including conversion into a vast single dwelling, a complete revamp or change in configuration of the 4 studios, or even potentially a full rebuild of the property (all STCA), this is a premium chance just metres from cafes, transport, the harbour foreshore, and an easy trip to the CBD and the Eastern Suburbs.
- Rare mixed-use chance on coveted street
- 4x studios and large retail to be sold in one line
- Mixed-use zoning with range of options on offer
- All studios and retail with strong tenancy demand
- Long-established ground-floor retail laundromat
- 2x mid-level studios plus 2x upper-level studios
- 2 front studios w/ balconies, lower rear w/ terrace
- Superb investment/development chance (STCA)
- Range of options to revamp or redevelop (STCA)
- Scope for conversion to a single home (STCA)
- Steps to cafes, bars, restaurants and train station
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