65 Waratah Street
Haberfield, NSW 2045

Overview

Mixed Use Investment with Potential Value Add

RWC Sydney City Fringe is pleased to present 65 Waratah Street, Haberfield, for sale via Auction. This property represents a unique opportunity to acquire a multi-tenanted freehold investment located in one of the Inner West's most sought-after areas. The property is strategically positioned among a vibrant collection of retail shops and is situated just 6 kilometers west of the Sydney CBD, providing excellent access to multiple public transport options.

The building features three distinct tenancies, generating immediate rental income. It includes an oversized three-bedroom residential unit on the top floor, a two-bedroom unit at the rear on the ground floor, and a commercial space on the ground floor that benefits from high vehicular and pedestrian traffic.

Key Highlights:

• E1 Local Centre zoning allows for shop top housing and boarding house (subject to council approval).
• Land area of 315 square meters and a building area of 225 square meters.
• Current gross building area of 225 square meters under the Floor Space Ratio (FSR) of 1:1, with potential for a gross building area of 315 square meters (subject to council approval).
• Income generated from three tenants, including a well-established operator, Haberfield Butchery, with a strong trading history.
• Side access with onsite parking available.
• Current net passing income is below market rates, with all leases on short terms.

This property is being offered for sale via Auction on-site on Saturday, March 28th at 10:30 AM. For further information or to arrange a viewing, please contact the agents listed.

Change History

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