Presenting an outstanding opportunity in a popular inner city setting, this superb property provides an excellent investment opportunity with a current return of $158,000 Per annum approximately. Comprising of Retail shop and a secure block of four studio apartments. With two apartments per level, all feature timber floors and spacious sun filled living areas. All enjoy sleek stone kitchens with stainless steel appliances including dishwashers, modern bathrooms including laundry facilities as well as split-cycle air conditioning and security intercom. Explore the possibilities to capitalise on its ultra-central setting in one of Sydney's most coveted urban locations. -Ground Level currently beauty salon with secure tenant -King St entrance to four spacious studio apartments -Only two apartments per floor -Generous open living bathed in sunlight -Sleek stone kitchens, s/steel appliances and dishwashers -Fully tiled bathrooms, internal laundry facilities and split cycle a/c -Timber floorboards, security intercom -Outstanding investment prospect with $158,000 return p/a approximately -Presents excellent Airbnb potential in ultra-central location -Rear lane access to parking for minimum three cars, separate storage -Buzzing village shops, eateries and buses at the doorstep -Stroll to Sydney Park, Newtown, St Peters and Erskineville stations -Further development potential (STCA) -FSR -2.5:1 Height 15M Complete with rear lane access for minimum three cars, this superb offering is positioned within footsteps of vibrant village shops and cafes, Sydney Park, Newtown and St Peters stations and all the attractions the area has to offer. Council: $1,316.00 p/q Water: $544.00 p/q