Shop + Approved Residential Unit | Dual Income | Torrens Title

Positioned in an exceptional high-exposure location directly opposite Narwee Train Station, 66 Broadarrow Road, Narwee presents a rare opportunity to secure a mixed-use freehold investment with immediate dual income and long-term upside.

Set on approximately 221sqm of Torrens Title land, this solid two-storey double brick property comprises a well-established ground floor commercial premises and a separately leased residential unit upstairs. Importantly, the upstairs residence benefits from its own private entry, enhancing flexibility and separation between the two tenancies.

The ground floor is currently leased to a long-standing local newsagency, a well-known business that has operated from the premises for over 30 years, with the current tenant in place for more than 6 years. The tenancy includes approximately 110sqm of retail space, plus an additional toilet and a large rear storage room of approximately 30sqm.

Upstairs, the property offers a well-presented and formally approved one-bedroom residential unit of approximately 90sqm with its own private access. The residence may suit residential occupancy or office use, subject to purchaser requirements. Recently renovated approximately one year ago, the upstairs space is currently leased.

A rare advantage for a property of this nature, the entire building is held under one title and is serviced by a single council rate, contributing to simple and efficient ongoing ownership.

Combining a tightly held location, flexible future use and minimal holding complexity, this is a unique opportunity to secure a prominent mixed-use asset in the heart of Narwee.

Property Highlights:
• Approx. 221sqm Torrens Title landholding
• Mixed-use freehold with shop plus residential unit
• Upstairs residence has its own private entry
• Directly opposite Narwee Train Station
• Entire building serviced by one council rate
• Annual 5% rent increase each June for commercial tenancy
• Commercial tenant pays 50% of building insurance
• Approx. 110sqm retail area plus rear storage of approx. 30sqm
• Established newsagency business operating from the site for over 30 years
• Approx. 90sqm one-bedroom residential unit upstairs
• Council approval and Occupancy Certificate in place for upstairs residence
• Solid double brick construction
• Upstairs residence renovated approximately one year ago
• No strata and minimal ongoing costs
• Flexible contract timing available

DISCLAIMER: While Ray White Riverwood have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Ray White Riverwood urges prospective purchasers to make their own inquiries to verify the information contained herein.

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School catchments

Narwee Public School Primary K-6 Government 0.15km
Beverly Hills Girls High School Secondary 6-12 Government 0.75km
Regina Coeli Catholic Primary School Primary K-6 Catholic 0.93km
Beverly Hills North Public School Primary K-6 Government 1.0km
Peakhurst Public School Primary K-6 Government 1.1km
Hannans Road Public School Primary K-6 Government 1.2km
St Joseph's Catholic Primary School Primary K-6 Catholic 1.4km
Beverly Hills Public School Primary K-6 Government 1.5km
Penshurst West Public School Primary K-6 Government 1.5km
McCallums Hill Public School Primary K-6 Government 2.1km
Riverwood Public School Primary P-6 Government 2.2km
Penshurst Public School Primary K-6 Government 2.2km
St Declan's Catholic Primary School Primary K-6 Catholic 2.2km
Georges River College Penshurst Campus Secondary 7-10 Government 2.2km
Georges River College Peakhurst Campus Secondary 7-10 Government 2.4km
Punchbowl Public School Primary P-6 Government 2.4km
Southside Montessori School Primary K-6 Independent 2.4km
Marist Catholic College Penshurst Secondary 7-12 Catholic 2.4km
Peakhurst West Public School Primary K-6 Government 2.4km
Wiley Park Girls High School Secondary 7-12 Government 2.8km
Kingsgrove High School Secondary 7-12 Government 2.9km
Kingsgrove North High School Secondary 7-12 Government 3.0km
Holy Spirit Catholic College Secondary 7-12 Catholic 3.1km
St Ursula's College Secondary 7-12 Catholic 3.2km
All Saints Grammar Secondary K-12 Independent 3.2km
Punchbowl Boys High School Secondary 7-12 Government 3.2km
Danebank - An Anglican School for Girls Combined K-12 Independent 3.2km
Georges River College Oatley Senior Campus Secondary 11-12 Government 3.3km
St Charbel's College Combined K-12 Independent 3.6km
Rissalah College Combined K-12 Independent 3.8km

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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