For sale

491 Marrickville Road,
Dulwich Hill 2203, New South Wales

2 bedrooms
1 bathroom
2 car spaces
151m² land size
285m² building size
Other

For Sale - $2,000,000 - $2,200,000


Property details

Shop & Residence with DA approval

DA-approved development site in the heart of Dulwich Hill -
one of the Inner West's most tightly held and evolving lifestyle precincts.

Key Highlights:

Current opportunity :
Existing mixed-use asset with a ground floor retail shop and a
spacious 3-bedroom residence above.

DA Approval:

Development approval in place for a mixed-use build consisting of:
• 5 New Age Boarding Studios - total 188.95 Sqm
• 1 x Ground Floor Retail Tenancy (97 sqm)
• Total GFA: 285.95 sqm

Income Potential (Upon Completion):
• Projected gross annual rental income: $300,000 p.a.
• A desirable mix of residential and commercial tenancies
• Flexible build-to-rent model to suit investors seeking strong
cashflow with long-term capital growth

Location:
• Located in a thriving village setting with excellent transport connections,
strong local demand for quality rental stock, and increasing population growth.

Summary:
Opportunities like this are rarely offered and highly sought-after.
With DA approvals already in place, this is a prime "build and Rent "
project ideal for savvy investors or developers looking to secure a
high-yielding asset in a proven growth corridor.

Inspections


Explore the area


School catchments

  • Dulwich Hill Public School Primary K-6 Government 0.37km
  • St Maroun's College Combined K-12 Independent 0.51km
  • Lewisham Public School Primary K-6 Government 0.72km
  • Christian Brothers' High School Lewisham Combined 5-12 Independent 0.75km
  • St Paul of the Cross Catholic Primary School Primary K-6 Catholic 0.78km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


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