24 Cabarita Rd 2,153 SF 100% Leased Retail Building Concord, NSW 2137 For Sale

Positioned in the highly sought-after Cabarita Junction precinct, 24 Cabarita Road offers a rare mixed-use freehold opportunity combining secure income, strong location fundamentals, and future development potential. The property features a ground-floor commercial shop currently operating as a liquor store, complemented by two self-contained residential units on the upper level. With dual street frontage and additional rear lane access via Tramway Lane, the site provides excellent accessibility and functional design for both commercial and residential use.
The ground-floor retail space spans approximately 120 sqm and includes a cool room and private amenities. The shop tenant contributes 60% of outgoings and is willing to commit to a new 3 x 3 x 3 lease, providing income stability for investors. Upstairs, the property offers a two-bedroom unit and a rear studio, each with separate access and strong rental potential. Two on-site parking spaces via the rear lane further enhance convenience.
Located in a non-heritage zone, the property presents significant upside through future redevelopment, with potential for a three-level mixed-use project incorporating a commercial component (STCA). Surrounded by established amenities, strong transport links, and a thriving local community, this asset is ideally positioned for long-term growth and value creation.