Discover this unique fully leased Terrace with gross income of $116,800 per year with yield on investment of 4.2% in the heart of Sydney's bustling CBD - 128 Devonshire Street, Surry Hills!
This three-story terrace is a haven for business and comfort. Currently from the ground floor level at the front of the building, there a thriving boutique barber shop which offers 34 square metres of shop space complemented by entry through a tiled front courtyard. This segment of the property has a new three-year lease in place.
Entry to the Residence is from the rear at Gladstone and Holt Street.
The residence over three levels is newly leased from 20/10/23 for two years. Entering from the rear through an automated roller-door to a covered courtyard, step inside to find the open-plan ground floor boasting a spacious living area, dining space and a galley kitchen with walk-in pantry and loads of storage. Wander upstairs to discover three spacious bedrooms, a skylighted study, and two newly fitted out bathrooms. Two of the bedrooms enjoy picturesque views off a terrace, and the master bedroom has an ensuite with a future walk-in robe area. With durable timber-look lino on the ground floor and wool blend carpets in the upper areas, these spaces offer versatility and style.
Immerse yourself in the vibrant atmosphere of the abundant eateries around the corner with only several minutes' walk to transport by bus, light rail, or train. This is truly a unique opportunity in the heart of Sydney's bustling city area
Stay cool with split system r/c air-con in all living spaces, and enjoy the convenience of separate phone lines for both the shop and the residence. Freshly painted with a pristine coat of white, the property exudes elegance and charm.
The master bedroom is a true highlight, featuring two double-glazed security doors leading to a full-width timber deck. Imagine starting your day with a breath of fresh air.
- 3-story terrace in the heart of the city
- 34 metres of shop space, a boutique barber shop newly leased 1/09/23.
- Three spacious bedrooms, skylighted study, and three renovated bathrooms
- Open skylit living, dining, galley kitchen
- Large, covered carport, or north-facing rear courtyard
- Beyond the automated roller-door is a variety of cafes, bakeries, restaurants, shops, and offices.
- Split system r/c air-con, separate phone lines and WiFi connections
- Freshly painted, elegant woodwork, carpeted upper areas
- Master bedroom with double-glazed security doors to a timber deck.
Don't miss this Surry Hills gem. Contact us to discuss.
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