MUST BE SOLD - Freehold Mixed Use Investment Opportunity w/ Uplift^

Ray White Commercial (SC) is proud to present to market this exceptional mixed use investment opportunity at 161 Perry Street, Matraville. The property is offered for sale by negotiation. The vendor's instructions are clear, the property must be sold.

This boutique freehold shop-top-housing features a retail shop with a fully equipped commercial kitchen and a studio on the ground level, complemented by a spacious 4-bedroom unit on the upper floor. Currently generating strong rental income, the property benefits from a flexible E1: Local Centre zoning, with potential for future upside through renovation, rental increase, development or repositioning.^

Located at one of Matraville's busiest intersections, in one of Sydney's most densely populated South Eastern suburbs, this property presents a significant opportunity for savvy investors or developers to capitalise on the strong demand for housing in this highly sought-after neighbourhood.

Additional highlights of the asset include:
• Retail space with commercial kitchen fit-out and double garage
• 1 x studio and 1 x 4-bedroom unit, both tenanted
• Separate entrances for retail and residence
• Estimated fully leased rental income of $122,900 per annum*
• Site area of 183sqm*
• Rear lane-way access
• Low outgoings
• Zoned E1: Local Centre
• Height Limit - 13m
• Potential for future rental increase, repositioning or development^

161 Perry Street, Matraville is offered for sale by negotiation.

For further information, please contact the exclusive selling agent below.

^Subject to council approval
* Approximately

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