Versatile Dual Income Terrace in Vibrant Bourke Street Pocket

Holding extraordinary appeal for investors and owner-occupiers alike in a buzzing Bourke Street pocket, this zoned mixed use (MU1) property presents boundless potential and possibilities for numerous business, commercial and residential endeavours. Occupying a substantial 120sqm block with rear lane access to secure parking, it currently comprises a successful business with its own entrance at the street level attracting excellent foot traffic. Also boasting a great investment with a healthy business currently leasing a 32sqm retail space at the front of the property and based off the $775pw rental income, this allows for roughly $400k extra borrowing power. To the rear is a tri-level three-bedroom residence offering tastefully renovated interiors, quality finishes and an abundance of natural light. Explore the potential to reside in the main property and receive extra passive income from the lower-level business or recreate/renovate one outstanding urban residence (STCA). It is exceptionally located within footsteps of village shops, boutiques and cafés, buses, Crown Street, the upcoming TOGA Development and Moore Park.

- Tri-level designer terrace bathed in natural light
- Open living/dining enjoys seamless outdoor flow
- East facing sun washed courtyard for entertaining
- Sleek stone kitchen, Smeg gas cooktop, dishwasher
- Well-proportioned bedrooms with built-in wardrobes
- Stylish bathroom, powder room, concealed laundry
- Front/rear beds enjoy access to breezy balconies
- Extensive custom storage, upper-level loft bedroom
- Polished concrete floors on lower level, skylights
- Convenient rear lane access to off-street parking
- Successful business with kitchenette and bathroom
- Outstanding investment with strong rental return
- Reside in main property/receive passive income
- Recreate one outstanding urban sanctuary (STCA)

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School catchments

Bourke Street Public School Primary K-6 Government 0.23km
Sydney Boys High School Secondary 7-12 Government 0.42km
Sydney Girls High School Secondary 7-12 Government 0.58km
Sydney Distance Education Primary School Primary K-6 Government 0.70km
Inner Sydney High School Secondary 7-12 Government 0.87km
Our Lady of Mount Carmel Catholic Primary School Primary K-6 Catholic 1.1km
Crown Street Public School Primary K-6 Government 1.1km
Paddington Public School Primary K-6 Government 1.5km
St Francis of Assisi Regional Catholic Primary School Primary K-6 Catholic 1.6km
Darlinghurst Public School Primary K-6 Government 1.7km
SCEGGS Darlinghurst Combined K-12 Independent 1.9km
Glenmore Road Public School Primary K-6 Government 1.9km
Sydney Grammar School Secondary K-12 Independent 1.9km
Alexandria Park Community School Combined K-12 Government 2.0km
Green Square Public School Primary K-6 Government 2.0km
Sydney Grammar School - Edgecliff Preparatory School Primary Independent 2.0km
Westbourne College Sydney Secondary 10-12 Independent 2.0km
Australian International High School Secondary Independent 2.1km
William Street Campus Secondary Catholic 2.1km
Central Sydney Intensive English High School Secondary 7-11 Government 2.1km
Australian Performing Arts Grammar School Secondary 7-12 Independent 2.1km
International Grammar School Combined K-12 Independent 2.1km
Kensington Public School Primary K-6 Government 2.2km
St Andrew's Cathedral School Combined K-12 Independent 2.2km
Our Lady of the Sacred Heart College Secondary 7-12 Catholic 2.3km
St Andrew's Cathedral School - Bishop Barry Senior College Secondary Independent 2.3km

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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