SYDENHAM
260 Unwins Bridge Road

Rare Freehold Investment with Upside

Located right in the heart of Sydenham, approximately 9km from the CBD this unique 2 storey shop and residence on a generous 170sqm block has multiple potential uses. Enjoying great street exposure this well-appointed commercial premises offers a premium opportunity for those looking for a readymade investment with generous returns, whilst giving the opportunity to add value and enhance the current building.

Features include:
- Prime corner position for maximum exposure.
- 40 sqm shop currently leased to convenience store.
- Fully renovated 5 bedroom residence each with ensuites.
- Building historically used as adult services with potential to reconvert (subject to council approval).
- Development upside with potential to extend current building and take advantage of a great corner location (subject to council approval).
- Currently returning gross income $87,500 per annum.
- B1 Zoning - 11M height Limit and 1.5:1 Floor Space Ratio.
- 2 street frontage + rear lane access and garaging.
- Close to all forms of transport and amenities.

Superbly located within very easy walking distance to Sydenham Station (only 2 stops to Central) and bus terminal plus the convenience of Sydney Airport nearby. Tempe Selective High School and Public School, Sydenham Green playground, Dog Park and BBQ area and Tillman Park are just moments away.