MGM Properties are delighted to offer for sale this prominent 2 level retail shop and offices, situated in this popular Rosebery precinct and surrounded by a number of established long term businesses.Offered with a number of tenancies in place, the property boasts a large ground floor retail shop, together with 6 separate first floor offices.This is a fantastic opportunity for investors or owner occupiers to secure this prime commercial freehold in the heart of Rosebery's commercial strip.Key property features:-* Zoning: B1 - Neighborhood Centre* Land size: 215sqm (approx.)* Building size: 420sqm (approx.)* High exposure location in the heart of Rosebery* Fantastic investment opportunity with potential for income from multiple tenancies* Scope to further enhance or renovate (STCA)Potential Rental $77,780.00 per annum ex GSTFor all property inquiries, to arrange an inspection or to request copy of the Contract of Sale, please contact exclusive selling agents MGM properties.
The size of Rosebery is approximately 1.9 square kilometres. It has 8 parks covering nearly 2.9% of total area. The population of Rosebery in 2016 was 10117 people. By 2021 the population was 13533 showing a population growth of 33.8% in the area during that time. The predominant age group in Rosebery is 30-39 years. Households in Rosebery are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rosebery work in a professional occupation.In 2021, 46.80% of the homes in Rosebery were owner-occupied compared with 54.50% in 2016.
Rosebery has 8,018 properties. Over the last 5 years, Houses in Rosebery have seen a 27.36% increase in median value, while Units have seen a 16.67% increase. As at 31 March 2026:
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