A chance to acquire a mixed-use freehold property in the heart of Sydney's vibrant inner-city hub, Newtown, has become available. This compelling investment at 59 Enmore Road offers a secure and high-yielding asset with excellent potential.

The property features a ground floor retail space currently leased to Kimusabi Sushi Restaurant, Sydney’s newest vegan sushi restaurant garnering a 4.5 star review on Tripadvisor.

Upstairs, a spacious four-bedroom apartment boasts its own separate entrance, offering additional rental income or the option for owner-occupation.

Laing & Simmons agent, Michael Buium, is confident the location will impress.

“Location is key, and this property sits on bustling Enmore Road, guaranteeing high visibility and foot traffic”, he says.

“Newtown itself is renowned for its trendy shops, restaurants, and cafes, creating a vibrant atmosphere for residents and visitors alike.”

Public transport links, universities, and a variety of entertainment options are all within easy reach, making this a highly attractive proposition for both tenants and residents.

The current net rent for the property sits at $325,495 per annum, delivering a solid return on investment. With its strategic location, strong tenancy, and flexible floor plan, this property is an unbeatable opportunity for astute investors seeking a secure and profitable asset.

Key features of the property:

• Mixed-use freehold investment property
• Ground floor retail space leased to Kimusabi Sushi Restaurant
• Four-bedroom apartment with separate entrance
• Highly desirable location on Enmore Road in Newtown
• Excellent exposure and foot traffic
• Convenient access to public transport, universities, and entertainment options
• Current net rent of $325,495 per annum

Expressions of Interest close Thursday 30th May at 2pm.