For sale - $2,000,000 - $2,200,000
491 Marrickville Road
Dulwich Hill, NSW 2203
- 2 beds
- 1 bath
- 2 car spaces
- 151 m² land
- 285 m² floor
Shop & Residence with DA approval
DA-approved development site in the heart of Dulwich Hill - one of the Inner West's most tightly held and evolving lifestyle precincts.
Key Highlights:
Current opportunity : Existing mixed-use asset with a ground floor retail shop and a spacious 3-bedroom residence above.
DA Approval:
Development approval in place for a mixed-use build consisting of:
- 5 New Age Boarding Studios - total 188.95 Sqm
- 1 x Ground Floor Retail Tenancy (97 sqm)
- Total GFA: 285.95 sqm
Income Potential (Upon Completion):
- Projected gross annual rental income: $300,000 p.a.
- A desirable mix of residential and commercial tenancies
- Flexible build-to-rent model to suit investors seeking strong
cashflow with long-term capital growth
Location:
- Located in a thriving village setting with excellent transport connections,
strong local demand for quality rental stock, and increasing population growth.
Summary: Opportunities like this are rarely offered and highly sought-after. With DA approvals already in place, this is a prime "build and Rent " project ideal for savvy investors or developers looking to secure a high-yielding asset in a proven growth corridor.
