Prestige Property Group Realty is proud to present 103 Wollongong Road, Arncliffe offered to the market for sale via public auction, an outstanding opportunity to secure a versatile mixed use asset in one of the areas most tightly held and high exposure retail strips.
Positioned along the bustling Wollongong Road precinct, this well maintained property provides a rare combination of retail and residential income, making it an ideal acquisition for both investors seeking immediate returns and owner occupiers looking to establish or expand their presence in a thriving local hub.
The property features a ground floor retail shopfront with excellent street exposure, complemented by two separate residential dwellings, a one bedroom flat at the rear and a spacious, full floor two bedroom apartment above. This flexible layout offers multiple income streams and the ability to occupy all or part of the property while benefiting from strong rental demand in the area.
Whether you are looking to invest, occupy, or reposition, the asset presents significant upside potential, with scope to enhance, lease or redevelop (STCA).
Key Features:
- 56sqm* ground floor retail space, idea for owner occupiers or leasing opportunities
- Two fully self contained residential apartments providing consistent rental income
- E1 - Local Centre zoning, allowing for a wide range of permissible uses (STCA)
- Generous 165sqm* landholding with mixed use flexibility
- Potential income of $80,000* P/A gross
- Prime location just moments from Arncliffe Train Station, ensuring excellent connectivity
- Close proximity to major infrastructure including Sydney Airport, Port Botany and Sydney CBD
This is a rare opportunity to secure a high performing mixed use property in a strategic location with strong growth prospects.
*Approximately
