Petersham 139 New Canterbury Road

Renovators and investors note there is real possibility for residential multi dwelling conversion. If you're a value add specialist looking at an entry level opportunity for an existing mixed-use building comprising an approved motor vehicle repair / mechanical workshop of 250m2 plus an original large unrenovated 3 bedroom first floor apartment, approximately 100m2, with separately metered electricity. With significant room to increase current income or extend the existing building (STCA)
Features include: Easy walking distance to Petersham station and shopping centre, city bus at door, 3km to RPA hospital and Sydney University as well as bustling cafes and eateries of Newtown and Enmore.
Diverse and eclectic mix of shopping and hospitality within a stones throw from your door step.

Front and rear access via Frazer Lane.
Ground floor studio or commercial use with separate flat above
Can possibly be divided into 3 separate lettings (STCA)
Current rental for flat $28,600PA + Estimated potential rental for workshop $80,000PA + GST