587 Liverpool Road
Strathfield, NSW 2135

Overview

587 Liverpool Road, Strathfield

Situated in a highly visible corner position, this seven-bedroom residence with an adjoining shopfront offers exceptional potential for a variety of uses. Previously utilized as a furniture and fruit shop, the property is currently zoned residential and benefits from a robust commercial construction featuring double brick and concrete, providing a solid foundation for transformation.

The location is prime, directly opposite popular establishments such as KFC, McDonald's, Ibis Hotel, and Shell service station, ensuring thousands of vehicles pass by weekly, enhancing exposure for any business or residential venture.

The upper level serves as a spacious residential area comprising seven bedrooms and two bathrooms. It includes a large lounge area, a separate dining room, and a secondary balcony, all designed to maximize comfort and functionality. Access is available via Hedges Avenue, with dedicated undercover parking, and the residence enjoys a desirable bright and airy north-to-rear orientation. The estimated rental income from this level is approximately $1,500 per week.

The lower level features an existing shopfront with over 250 square meters of open-plan internal space, ideal for business operations. The shopfront boasts glass frontage onto Liverpool Road, providing excellent street exposure. There is potential to convert this space into additional residential rooms or dual occupancy, subject to council approval. On-site at-grade parking accommodates over eight vehicles, supporting customer convenience. The estimated income from this area, when used for home occupations, is around $1,200 per week. Both the shop and residence are separately metered, allowing for independent utility management.

This property presents a unique opportunity to develop a dual occupancy setup combining apartment living with home occupation or office space. Alternatively, the site could be cleared to build two new homes, subject to council approval for dual occupancy. The versatility and strategic location make this an attractive prospect for investors, developers, or business owners seeking a high-exposure site with substantial residential accommodation.

Location