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CITY FRINGE INVESTMENT – PRIME POSITION – FREEHOLD SHOP & RESIDENCE ON CROWN ST SURRY HILLS – $91,000 PER ANNUM INCOME FULLY LEASED

581 CROWN STREET,
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Overview

  • Updated On:
  • April 2, 2019

FOR SALE: CONTACT AGENT

Contact the listing agent Raine & Horne Commercial from the link below for further details:
RAINE & HORNE COMMERCIAL


SURRY HILLS

  • Surry Hills is an Inner City suburb of Sydney, located immediately south east from the Sydney Central Business District
  • Forms part of the City of Sydney Local Government Area
  • Blue Chip location….an eclectic, artsy & very sought after suburb on the city fringe
  • Surry Hills has a mixture of residential, commercial & industrial area
  • The area has a diverse range of restaurants, cafes & pubs making it a very popular lifestyle destination
  • Popular also as a creative central hub & is home to many stylish boutique stores & art galleries
  • The population of Surry Hills is 16,412 (2016 census) with 42.1% of the population born in Australia, with the other most predominant countries of birth being from England & Thailand

YOUR OPPORTUNITY

  • Freehold shop & residence
  • Prime position on Crown Street
  • High traffic flow area
  • First floor is a renovated one-bedroom apartment leased at $23,400 per annum (agent advice)
  • Fully leased income $91,000 per annum (agent advice)
  • Approximately 200m to incoming Surry Hills Light Rail stop & soon to be re-developed Surry Hills Shopping Village

The information shared with you on this site by Sydney Growth Properties Pty Ltd is general information only, and has not been prepared taking into account the individual circumstances of the person to whom it is given. Intending purchasers, before acting on any information should assess the suitability of any investments in any property in light of their own personal objectives, financial situation & needs. In preparing this information Sydney Growth Properties Pty Ltd has used resources to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. As always, you should obtain appropriate, qualified advice before making any investment decision, because all investments involve risk. The information is shared with you purely for the purpose of property investor education. It does not take into account your personal financial situation or needs.



CLICK ON THE LINK BELOW FOR THE CORE LOGIC REPORT:

Documents
Address: 581 CROWN STREET
State/County:
Zip: 2010
Country: Australia
Open In Google Maps
Property Id : 22920
Car: 0
Other Features
attic
back yard
balcony
basketball court
concierge
deck
doorman
fenced yard
fireplace
front yard
gas heat
gym
lake view
laundry
ocean view
pool
pound
private space
recreation
roof deck
sprinklers
storage
washer and dryer
wine cellar

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NICK KARAYANIS