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Prime Commercial Property in the Heart of Padstow

Located in the bustling Padstow shopping precinct, this versatile commercial building offers excellent exposure and a generous floor plan, perfect for a range of retail businesses. Upstairs, a two-bedroom residence with separate access presents an opportunity to increase rental income.

Property Highlights:

  • Downstairs: Leased to reliable, long-term tenants.
  • Upstairs: Two-bedroom residence with separate access, neat bathroom, and open-plan living.
  • Rear lane access to a garage and storage area.

Currently generating a gross income of $54,025 per annum, this property offers significant rental potential. With excellent foot and vehicle traffic and development opportunities (subject to council approval), it is an ideal investment.

Key Details:

  • Land Area: 223m² (approx.)
  • Floor Space Ratio: 2.5:1 (as per council)
  • Height Limit: 20m (as per council)
  • Zoning: B2 Local Centre
  • Frontage: 6.1m (approx.)
  • Location: 200m from Padstow Train Station

A rare opportunity to secure a prime position in Padstow, available for the first time in over 40 years.

 

2 223 m2
Address 120 Cahors Rd, Padstow
Price By Negotiation
Property Type Commercial
Property ID 3343
Category Retail, Medical/Consulting, Land/Development
Land Area 223 m2

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Agent Details

Mario Urizar photo

Mario Urizar

0411 177950
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I sincerely thank Mario for the sale of our property.  Even in a difficult market, Mario has the ability to read the market and develop a marketing strategy to ensure a successful sale.  Mario is very knowledgeable in his field, yet very personable, friendly and a true professional. I have no hesitation recommending Mario and the services of his Real Estate Agency - LH Brown Bankstown.

Fantastic Agent - highly recommendedWe recently engaged Mario Urizar to sell our home and I could not recommend him highly enough. Mario at all times was transparent, ethical and provided very honest and practical advice. Nothing was ever too much trouble. We were impressed with the sales campaign that Mario organised and the photography and videos were amazing! I have recommended Mario to family and friends - what could have been a stressful experience was made relatively simple because we felt so at ease with Mario.Verified by RateMyAgent

Personable demeanorMario was a great agent! He was realistic with me about the market but was also patient with me and my expectations. Easy to talk to and he helped me a lot. Happy to have done business with Mario!Verified by RateMyAgent

I’ve known and worked with Mario for several years. He is very professional and knowledgeable when it comes to the real estate market in his area. I would highly recommend him if you are buying or selling property in his area. Apart from his warm and friendly personality, he achieves outstanding results.

Mario is a real genius when it comes to property sales. His winning sales strategy works every time. This is the second property I have sold with Mario, and again I got the best possible price. This Agent is a real Magician. Mario has a great understanding of the real estate market, extremely credible and has the best communication and negotiation skills I have experienced. Thank you Mario, you truly are the best.

Mario and his team carried out open houses on our unit every Saturday until it was sold. The campaign was done very professionally and the final result was excellent. We highly recommend to use the L H Brown team.