269 Marrickville RoadMarrickville NSW 2204
Property Details for 269 Marrickville Rd, Marrickville
Last Listing description (October 2023)
Mercer Property is excited to introduce 269-271 Marrickville Road, Marrickville for sale via Expressions of Interest.
This impressive property holds a prominent corner position along the rapidly evolving retail hub of Marrickville Road. It offers prospective buyers a unique opportunity to acquire a substantial five level mixed-use building currently leased to national tenants, Liquorland Australia, Vodafone and Hutchinson 3G. The property presents various income streams, making it an attractive prospect for investors and future owner-occupiers looking to benefit from immediate rental income and the potential for long-term capital appreciation.
Key Investment Highlights:
-Prime corner location, ensuring high visibility to both vehicular and pedestrian traffic.
-A generous land area of 398* square meters.
-A lettable space of 1,075* square meters spread across five levels.
-Expansive rooftop terraces, complete with a swimming pool.
-Spacious ground-floor retail space spanning 357* square meters with three street-facing fronts.
-A first-floor bordello/residence covering 379* square meters.
-Second floor features a four-bedroom residence with an ample swimming pool.
-Level 3 accommodates a studio apartment with a spacious outdoor terrace.
-Additional income streams generated through two telecommunications aerials.
-Opportunity for a strong rental reversion.
-Ideal for income-focused investors seeking to capitalise on nearby developments and infrastructure enhancements.
*Approximately
Mercer Property is proud to offer a 100% freehold interest in 269-271 Marrickville Road, Marrickville, for sale via Expressions of Interest, closing Wednesday 29th November at 3:00 PM (AEDT).
Property History for 269 Marrickville Rd, Marrickville, NSW 2204
- 28 Feb 2024Sold for $8,018,000
- 26 Oct 2023Listed for Sale EOI
- 04 Sep 2018Sold
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About Marrickville 2204
The size of Marrickville is approximately 5.8 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Marrickville in 2011 was 24,612 people. By 2016 the population was 26,571 showing a population growth of 8.0% in the area during that time. The predominant age group in Marrickville is 30-39 years. Households in Marrickville are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Marrickville work in a professional occupation. In 2011, 54.6% of the homes in Marrickville were owner-occupied compared with 51.2% in 2016.
Marrickville has 14,699 properties.
Suburb Insights for Marrickville 2204
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