Description
Prime Downtown Mixed-Use Investment on Sydney's Charlotte Street Here's a rare chance to own a tenanted mixed-use building in the heart of downtown Sydney. This 4-unit property pairs a strong commercial main floor with three residential apartments upstairs, giving you diversified income from day one. One apartment is vacant right now, so you can pick the tenant yourself or move in. The main floor is anchored by an established, licensed restaurant and gift shop, a destination business that draws customers all year. Upstairs, the apartments add residential income and help balance the portfolio. Location is the story here. The building sits on the newly renovated Charlotte Street corridor, surrounded by banks, the post office, professional offices and downtown amenities that keep foot traffic steady in every season. From spring through fall, cruise ship passengers fill the downtown streets, putting thousands of visitors right at the front door. With an anchor tenant in place, a high-visibility address and a cap rate that stands out in today's market, this is the kind of opportunity investors wait for. Properties like this don't come up often on Charlotte Street, so book your viewing today.
Listing Details
272 Charlotte Street, Sydney, B1P 1C7
ACTIVE
$450,000
202625967
n/a
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5,332 ft2
10,664 ft2
15063928
Municipal
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Cable,Electrical,Municipal Water,Sewer,Telephone
Building Specifications
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Asphalt Shingle
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Other
