Ray White Commercial Sydney City Fringe is pleased to offer 96 Audley St, Petersham to the open market for sale.
96 Audley St, Petersham is an Inner City freehold investment tightly held by three separate tenancies. Situated amongst a prominent collection of retail shops, positioned 6km* West of the Sydney (CBD) and within 300m to Petersham train station and multiple other public transport options.
The property consists of a large top-level residential 1 bedroom unit plus an additional lower-ground 1 bedroom unit and a ground-floor commercial space with a high volume of passing vehicular & foot traffic.
Key Highlights Include:
B2 Local Centre zoning with shop top housing and boarding house permitted (STCA)**
158sqm* of land and 149sqm* of existing building over 3 levels
Current gross building area of 149sqm well under FSR: 2.2:1 and potential GBA of 347sqm (STCA)**
Valuable special condition in commercial lease allowing the lessor to make further alterations & additions to the rear of the property (STCA)**
Income producing from three tenants
Depreciation allowances available
Ground floor leased to The Counter Cafe with strong trading history
Rear lane access with parking via Abels Lane
Net passing income: $77,000 per annum *
To discuss the property in further detail, please contact the listed agents below:
Kristian Morris
Principal & Licensee In Charge
RWC Sydney City Fringe
0411 415 297
*approx.
** Subject to council approval.
The size of Petersham is approximately 1.3 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Petersham in 2016 was 8116 people. By 2021 the population was 8200 showing a population growth of 1.0% in the area during that time. The predominant age group in Petersham is 30-39 years. Households in Petersham are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Petersham work in a professional occupation.In 2021, 47.70% of the homes in Petersham were owner-occupied compared with 47.30% in 2016.
Petersham has 5,110 properties. Over the last 5 years, Houses in Petersham have seen a 42.69% increase in median value, while Units have seen a 31.20% increase. As at 31 January 2026:
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