Back 765 Princes Hwy
Off Market

765 Princes Hwy

Tempe NSW 2044

2
1
2
177 m²
House
Last sold for $1,310,000
Timothy GorringTimothy Gorring, last sold this property on 20 June 2025 after 199 days on market.

Overview

Home plus business opportunity in emerging precinct

Unleash your creativity or add up the investment advantages of a high exposure property with multiple income streams and potential. This traditional commercial terrace with 2-bedroom apartment, parking plus studio/workshop offers plenty of appeal for home plus business or investment in this growth location. Set on the corner of Princes Highway and Gannon Street, the approx. 177sqm block has rear lane access via Gannon Lane and the benefit of licensed billboard signage. The property is Zoned E3 Productivity Support under the Inner West Council LEP 2022 to allow a range of business, light industrial, service uses and residential. In near-original condition, it's perfect for craftspeople or designers who want to make their mark, with room for a gallery or showroom plus workshop and residence. Ideal for services with high levels of passing traffic, home plus income or an opportunity to renovate for good rental returns and capital growth potential in this key position close to Tempe station, M5, M8, airport & Port Botany. - 2-storey full brick commercial corner terrace - Front 6.0m x 4.3m office, gallery or showroom - Display windows, corner door, wraparound awning - Split-level residential with 2 upper floor bedrooms - Central lounge, dining/kitchen & bathroom/laundry - Timber floors, high ceilings and original features - Rear lane roller door access to 40sqm workshop/LUG - Covered yard with WC, shed and access for parking - Licenced 8.2m x 2.2m illuminated billboard on site - Apartment, workshop & sign rent approx. $64,000pa - 450m to Tempe station, shops, cafes and eateries nearby - Easy access to motorways, airport, Inner West & City - Rates: Water $149pq, Council $690pq (All approx) Contact Timothy Gorring 0438 822 281 Shaun Stoker 0424 172 217 Our recommended mortgage broker: Tommy Nguyen (http://broker.loanmarket.com.au/erskineville)

Features

2 bedrooms
1 bathroom
2 carspaces
1 open car space
1 garage space
177 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Tempe over the last 12 months, the estimated median property value of 765 Princes Hwy is $1.73m.

Median value
$1.73m
Estimated value range
$1.31m - $1.95m
Median days on market
23
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Tempe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 765 Princes Hwy

2025
Rented
Undisclosed
Leased on 25 Jul 2025 by Ray White Erskineville
2025
Sold
$1,310,000
20 Jun 2025 by Timothy Gorring, of Ray White Erskineville
2022
Rented
Undisclosed
Leased on 26 Jun 2022 by Sublime Property Agents

Happy sellers in Tempe

92%
92% of sellers in Tempe reported that their sale price either exceeded or met their price expectations.

Tempe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Tempe over the last 12 months.

Local market activity for 2 bedroom houses in Tempe

In the last 12 months, 9 two-bedroom houses similar to 765 Princes Hwy, have been sold.

This represents a 42% increase in two-bedroom houses sales when compared to the previous 12 months.

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