112 George Street 2,153 SF Retail Building Redfern, NSW 2016 $1,968,518 ($914.41/SF) 4.46% Cap Rate

This rare mixed-use freehold property in the heart of Redfern offers a compelling opportunity for investors, developers, and owner-occupiers seeking versatility and long-term growth. Positioned on a level 139 sqm parcel within a high-demand urban precinct, the asset combines a well-exposed ground-floor commercial tenancy with strong foot traffic and two residential components, delivering multiple income streams and future upside.
The property’s E1 - Local Centre zoning supports a wide range of uses, including retail, hospitality, office, or creative ventures (STCA). The ground-floor commercial space features an open-plan layout with high ceilings and polished timber floors, creating a character-rich environment ideal for businesses seeking visibility and accessibility.
Upstairs, a spacious two-bedroom apartment with separate living and dining areas, a gas kitchen, and two private balconies provides comfortable residential accommodation. A fully self-contained rear studio adds further flexibility, whether as an additional rental unit or a dedicated workspace.
Located moments from Redfern Station and surrounded by vibrant cafés, bars, and boutique retailers, this property offers unmatched connectivity and lifestyle appeal. With a current income of approximately $124,000 annually and significant potential for repositioning or redevelopment, 112 George Street represents a strategic acquisition in one of Sydney’s most dynamic growth corridors.