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24 Cabarita Road, Concord NSW 2137
Concord Freehold Mixed-Use Property | Shop + 2 Units | Zoned E1 Local Centre
Situated in a non-heritage zone in tightly held Cabarita Junction, this impressive 180 sqm property offers dual street frontage and includes a ground-floor commercial shop plus two residential units above. A rare opportunity for savvy investors or future owner-occupiers. Future Redevelopment Potential (STCA)
Property Highlights:
- Ground-floor commercial liquor shop (approx. 120sqm) including cool room and private toilet
- Current income: $5,155 net per month (commercial)
- Shop tenant pays 60% of outgoings and is willing to sign a new 3 x 3 x 3 year lease
- Upstairs front 2-bedroom unit (approx. 54sqm) – potential rental approx. $600 per week
- Upstairs rear studio (approx. 26sqm) – potential rental approx. $500 per week
- Separate front and rear access to upstairs units
- Rear lane access with 2-car parking spaces
- Dual street frontage plus additional rear lane access via Tramway Lane
Outgoings:
- Council rates: $2,729.24 p.a.
- Sydney Water rates: $222.15 p.a.
- Insurance: $3,738.39 p.a.
- Fire Safety: $600.00 p.a.
- Land Tax: $350.00 p.a.
- Building Insurance: $3,800.00 p.a.
Prime Location:
- 1.7km to Mortlake Ferry
- 1.3km to Breakfast Point
- 1.6km to Cabarita Beach
- 2.3km to North Strathfield Station
Property Highlights:
- Ground-floor commercial liquor shop (approx. 120sqm) including cool room and private toilet
- Current income: $5,155 net per month (commercial)
- Shop tenant pays 60% of outgoings and is willing to sign a new 3 x 3 x 3 year lease
- Upstairs front 2-bedroom unit (approx. 54sqm) – potential rental approx. $600 per week
- Upstairs rear studio (approx. 26sqm) – potential rental approx. $500 per week
- Separate front and rear access to upstairs units
- Rear lane access with 2-car parking spaces
- Dual street frontage plus additional rear lane access via Tramway Lane
Outgoings:
- Council rates: $2,729.24 p.a.
- Sydney Water rates: $222.15 p.a.
- Insurance: $3,738.39 p.a.
- Fire Safety: $600.00 p.a.
- Land Tax: $350.00 p.a.
- Building Insurance: $3,800.00 p.a.
Prime Location:
- 1.7km to Mortlake Ferry
- 1.3km to Breakfast Point
- 1.6km to Cabarita Beach
- 2.3km to North Strathfield Station