Property image

Sold

House

$2,430,000
3
3
132 sqm

197 Victoria Street, Potts Point, NSW, 2011, Australia

Map of the surrounding area
Nearest stations
T4
Kings Cross
53M (1 mins)
T2
St James
1.0KM (13 mins)
T2
Museum
1.1KM (14 mins)

About this Property

Unique to the market, this commercial/residential terrace presents a wealth of opportunity in the heart of Potts Point’s fashionable urban village. Featuring a prominent high exposure setting and highly adaptable layout, the tri-level terrace presents a prime investment opportunity with scope to retrain as an investment or as a home + income prospect with a commercial/café space, plus three private apartments. Explore the huge potential for multiple uses with rental yields and capitalise on a prime location in an inner-city hotspot with street frontage and a North West facing courtyard.

•Create stunning home or mixed use space
•North West facing courtyard with direct access to shared laundry and toilet facilities
•Street level cafe, excellent street exposure and high visibility
•Three self-contained apartments
•Additional store room plus under stair storage
•Fixed term commercial tenant (leased until November 2022), $42,313.92 rental income p.a.
•Strong income stream with 4 tenancies, total apartment rent $39,367.72 p.a.
•Prime location surrounded by celebrated cafes and restaurants
•Vibrant urban hub next to Kings Cross Station, 1.5km to the CBD

Auction details:
Thursday 11th November at 6pm
75 Macleay Street (corner of Rockwall Crescent)

Approximate outgoings -
Council: $1,150 per quarter
Water: $560 per quarter
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