491 Marrickville Road

Dulwich Hill NSW 2203

285 m²

151 m²

Block of units

Currently for sale - view listing

Overview

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.