Buyers Guide $2.5m $2.7m
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66 Enmore Road, Newtown NSW 2042

House
432
Block size: 159 m² approx.

Multi tenancy residential & retail investment

Nestled in the bustling heart of the renowned Enmore Road Entertainment precinct, this exceptional property presents a golden opportunity for both owner-occupiers and astute investors.

Positioned amidst a vibrant backdrop of restaurants, bars, and cafes, and a mere 200 meters from the famous Enmore Theatre, this high-traffic locale offers unparalleled visibility and convenience. Bus services conveniently pass right by the front door, and Newtown station is just a short stroll away, making this property easily accessible.

The current setup includes two spacious 2-bedroom residences on the first floor, along with a ground floor shop and a double garage. What makes this property truly versatile is the ground floor layout, which can be combined into a unified space or used separately, providing endless possibilities for customization.

At present, both residences are leased until February 2024, while the ground floor is currently vacant. This flexibility allows you the freedom to update the property to suit your specific needs or maintain the existing leasing agreements, enjoying a consistent stream of income. Anticipated gross income is estimated at approximately $137,000 per annum.

Don't miss out on this incredible opportunity to invest in a high-traffic, prime location that offers both immediate returns and long-term potential. Contact us today to seize the advantages of this dynamic opportunity!


Contact agent for "Information Memorandum".

DISCLAIMER: Scale in meters. Indicative only, Dimensions are approximate.
All information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Features include: Ensuite(s),Secure parking,Water efficient appliances,Rainwater storage tank,Cable or Satellite,Gas,Broadband internet access,Intercom,Ensuite,Built in wardrobes,Internal Laundry,Dishwasher,Balcony / Deck,Secure Parking

Inspections

No open inspections scheduled.

Send an enquiry

Contact David Cradock to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
4
Bathrooms:
3
Garage Spaces:
2
Property type:
House
Block Size:
159 *

Other Details

Lot:
B
Plan Type:
DP
Plan:
436940
Legal description:
B/436940
 Wiseberry Enmore

Maps and area information

Block information
Block size: 159 (approx)
Legal description: B/436940
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

Looking to compare sales prices?

We found 50 houses with 4 bedrooms that just sold near 66 Enmore Road Newtown

Property history

We couldn't find any history for this property.
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Newtown suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
34 years
Population
14,690
Listing ID: 182043644. This listing has been viewed 81 times. It was first displayed on 30/10/2023 and last updated on 29/01/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.