A Strategic Inner Urban Development Opportunity | Commercial & Residential Package with Investment Success
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70 Jarrett Street, Leichhardt NSW 2040

$2,500,000

OfficeSize: n/a
Block size: 367 m² approx.
Ideally located within easy reach of Leichhardt's thriving retail precinct, this quality real estate offering provides many creative business and investment possibilities. It makes a very versatile and high-performing package featuring a generous three-bedroom residence and a well-appointed streetfront commercial premises plus two large storage spaces at the rear, with excellent future potential to further extend to increase space and yield (STCA). This is a property of tremendous flexibility, and sits on a wide block of land over two lots, delivering an exceptional opportunity to secure a substantial income generating asset in a prime inner west location.

> Opportunity to invest/occupy or explore develop options (STCA)
> Income potential of $100,000 per annum when fully tenanted
> Multiple lettable areas plus private front and rear courtyards
> Fully equipped café and dining space (formerly Jarrett Street Café)
> Generous main residence with full kitchen and spa bathroom
> Potential to extend and increase space, yield and value (STCA)
> E1 zoning offering many creative business opportunities
> Positioned in a quiet leafy street with plenty of parking available
> Close to Norton Street cafes, MarketPlace shops and city transport

Inspections of the property are conducted strictly by appointment. For further information regarding the property, to arrange an inspection or to request further due diligence material, please do not hesitate to contact the selling agent:

Michael Pizzata
0490 018 058
michael.pizzata@marrickville.rh.com.au

Inspections

No open inspections scheduled.

Send an enquiry

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

Key details

Property type:
Office
Block Size:
367 *

Other Details

Lot:
54
Section:
3
Plan Type:
DP
Plan:
612
Legal description:
54/3/612
Raine & Horne Commercial Inner West/South Sydney

Maps and area information

Block information
Block size: 367 (approx)
Legal description: 54/3/612
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.
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Property history

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See Leichhardt's suburb profile

Leichhardt suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
15,158
Listing ID: 182300036. This listing has been viewed 3 times. It was first displayed on 15/02/2024 and last updated on 02/04/2024.
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.