Service First Commercial is pleased to present a rare offering to acquire a freehold mixed used building in the heart of Redfern; 193 Regent St, Redfern.

The Premise comprises a total area of 167 sqm zoned for mixed use with both tenanted ground floor retail and three-bedroom residential above.

193 Regent St boasts a prime location in the bustling precinct of Redfern, with only a 4 minute walk to Redfern Train Station and a 3 minute walk to the upcoming Waterloo Metro Station. With the new Metro, and Waterloo Masterplan you can expect a transformation within Redfern and Waterloo in regards to infrastructure and development.

Gentrification has transformed the suburb of Redfern into a prestige area. It has been recording consistent growth for at least five years, and this trend looks to continue into the near future.

Opportunities like this don't come often. Book an inspection today with the exclusive agent Andre Pang.

Current Gross Income $118,690 p.a incl GST*
Current Net Rental Income $99,930.40 p.a incl GST

Key commercial features of this property include:
- Rare investment opportunity to own a mixed-use asset located in an in-demand area with a mixture of residential and commercial retail
- Strategic hold for huge upside potential once Waterloo Metro and Masterplan is effected
- Great opportunity to operate business with high foot traffic and vehicles passing every day
- Retail and Residential spaces currently tenanted with flexible conditions
- 3 bedroom apartment with private terrace area
- Surrounded by Redfern Train Station, Australian Technology Park, and new Waterloo Metro Station
- Further development/renovation potential to add value (STCA)
- To be sold as a going concern

For Sale via Auction 10:30AM 5th October 2021 (AEST)

INSPECT ONSITE BY PRIVATE APPOINTMENT

*figures are based on yearly incomes and are approximate