246 The Boulevarde Punchbowl, NSW 2196

Positioned in a high-demand location within a Transport Oriented Development (TOD) zone, this unique mixed-use property offers the perfect blend of commercial potential and comfortable residential living. Held by the same owner for five decades and continuously leased for the past 37 years with no vacancies, this is a rare and proven investment.

Planning Information:
Building Height: 23m
Floor Space Ratio (FSR): 3:1
Zoning: E1 - Local Centre

Ground Floor - Commercial Space:

• Spacious dining and cashier area
• Two fully functional kitchens
• Two large storage rooms plus additional storage area
• Shower and toilet facilities

First Floor - Residential Accommodation:

• Three generous bedrooms
• Well-appointed bathroom
• Secure lock-up garage
• Located within a proposed rezoning precinct, offering strong future development potential
• Secure tenant in place generating $4,877.18 per month

Surrounded by shops, schools, and excellent transport links

Outgoings:
Council Rates: $2,788 per annum (paid by tenant)
Water Rates: $686 per annum (tenant pays full usage)
Insurance: $6,102.70 per annum (paid by owner)

This is an exceptional opportunity for investors or owner-occupiers seeking a versatile property with immediate income and long-term upside.

Contact:
John Yatman - 0423 344 868

Disclaimer:
All information provided is sourced from reliable channels; however, its accuracy cannot be guaranteed. Interested parties are advised to conduct their own enquiries.