Substantial Corner Freehold Leased To National Tenants

Address

269-271 Marrickville Road, Marrickville
NSW

Area

1075.00 m²

Details

Mercer Property is excited to introduce 269-271 Marrickville Road, Marrickville for sale via Expressions of Interest.

This impressive property holds a prominent corner position along the rapidly evolving retail hub of Marrickville Road. It offers prospective buyers a unique opportunity to acquire a substantial five level mixed-use building currently leased to national tenants, Liquorland Australia, Vodafone and Hutchinson 3G. The property presents various income streams, making it an attractive prospect for investors and future owner-occupiers looking to benefit from immediate rental income and the potential for long-term capital appreciation.

Key Investment Highlights:

-Prime corner location, ensuring high visibility to both vehicular and pedestrian traffic.
-A generous land area of 398* square meters.
-A lettable space of 1,075* square meters spread across five levels.
-Expansive rooftop terraces, complete with a swimming pool.
-Spacious ground-floor retail space spanning 357* square meters with three street-facing fronts.
-A first-floor bordello/residence covering 379* square meters.
-Second floor features a four-bedroom residence with an ample swimming pool.
-Level 3 accommodates a studio apartment with a spacious outdoor terrace.
-Additional income streams generated through two telecommunications aerials.
-Opportunity for a strong rental reversion.
-Ideal for income-focused investors seeking to capitalise on nearby developments and infrastructure enhancements.

*Approximately

Mercer Property is proud to offer a 100% freehold interest in 269-271 Marrickville Road, Marrickville, for sale via Expressions of Interest, closing Wednesday 29th November at 3:00 PM (AEDT).

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