18 Cooper Street, Redfern.
Solid investment potential with dual income or renovate and restore back to a gorgeous character home.
Tucked away near Elizabeth and Cleveland Streets, not far from the new Surry Hills Shopping Village, this freestanding building with front retail space and upstairs studio presents a unique opportunity. On the market for the first time in 60 years the property is ideally suited for a café, bakery, neighbourhood shop or transform to a funky residential home. Providing scope to enhance further, it's positioned within 10-15mins of the light rail, Redfern and Central stations and the future Waterloo Metro. - Good visibility and foot traffic at the Elizabeth Street end of Cooper - Boutique café setting/service area, space for a full kitchen / prep area - Large refurbished cool room, staff amenities with washroom & WC - One oversized studio space upstairs has kitchenette and bathroom - North facing roof terrace and separate side entrance to the studio - Ample parking on Cooper and Holt Streets, walk to transport options - Stroll to Redfern and Prince Alfred Parks, cafes, bars and restaurants - Café rent potential $800 pw plus upstairs studio rent potential $450-$500 pw
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Get to know the area.
A pocket of Sydney that was once notorious for its underbelly activities, Redfern has more recently been turning heads for other reasons. In the midst of gentrification, the area is rapidly becoming a thriving enclave of Indigenous culture with an enviable bar and art scene – a place to find beautifully restored homes within minutes of the CBD.
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