765 Princess Highway, Tempe NSW 2044

Unleash your creativity or add up the investment advantages of a high exposure property with multiple income streams and potential. This traditional commercial terrace with 2-bedroom apartment, parking plus studio/workshop offers plenty of appeal for home plus business or investment in this growth location. Set on the corner of Princes Highway and Gannon Street, the approx. 177sqm block has rear lane access via Gannon Lane and the benefit of licensed billboard signage. The property is Zoned E3 Productivity Support under the Inner West Council LEP 2022 to allow a range of business, light industrial or service uses. In near-original condition, it's perfect for craftspeople or designers who want to make their mark, with room for a gallery or showroom plus workshop and residence. Ideal for services with high levels of passing traffic, home plus income or an opportunity to renovate for good rental returns and capital growth potential in this key position close to Tempe station, M5, M8, airport & Port Botany.

- 2-storey full brick commercial corner terrace
- Front 6.0m x 4.3m office, gallery or showroom
- Display windows, corner door, wraparound awning
- Split-level residential with 2 upper floor bedrooms
- Central lounge, dining/kitchen & bathroom/laundry
- Timber floors, high ceilings and original features
- Rear lane roller door access to 40sqm workshop/LUG
- Covered yard with WC, shed and access for parking
- Licenced 8.2m x 2.2m illuminated billboard on site
- Apartment, workshop & sign rent approx. $64,000pa
- 450m to Tempe station, shops, cafes and eateries nearby
- Easy access to motorways, airport, Inner West & City
- Rates: Water $149pq, Council $690pq (All approx)

Contact Timothy Gorring 0438 822 281

Our recommended mortgage broker: Tommy Nguyen (http://broker.loanmarket.com.au/erskineville)