117 Holden St 2,928 SF 100% Leased Retail Building Ashfield, NSW 2131 $2,344,666 ($800.83/SF) 5.17% Cap Rate

117-121 Holden Street presents a rare opportunity to acquire a fully leased mixed-use investment in Sydney’s sought-after inner-west. The property comprises two ground-floor retail tenancies and two self-contained residential apartments, delivering a diversified income stream with a current net passing income of approximately $175,836 per annum plus GST. Positioned on a prominent corner block, the site benefits from excellent street exposure and convenient access to local amenities, including schools, parks, and transport links.
The property occupies a 450 sqm parcel zoned R2 Low Density Residential, offering potential for future redevelopment or value-add strategies (STCA). Both residential units are well-appointed, featuring private courtyards and off-street parking, while the retail spaces are occupied by long-established tenants. Located moments from Ashfield Station and Summer Hill Village, the asset is well-connected to major arterial roads and public transport, ensuring strong tenant appeal and long-term growth prospects.