393 Illawarra Rd 2,131 SF 100% Leased Retail Building Marrickville, NSW 2204 For Sale

393 Illawarra Road, Marrickville presents a tightly held two-level freehold shop & residence located on one of the Inner West’s most active and recognisable retail strips.
The property comprises a ground-floor retail premises with strong street presence along Illawarra Road, together with a well-appointed two-bedroom residence positioned on the first floor. The residential component offers self-contained accommodation with separation from the retail tenancy, providing genuine flexibility for both owner-occupiers and investors alike.
The ground-floor tenancy is currently leased, delivering immediate holding income, while the residence and overall building configuration provide scope for future occupation, value enhancement or reconfiguration (STCA). A rear courtyard with rear-lane pedestrian access further enhances functionality and flexibility.
Positioned in the heart of Marrickville’s thriving commercial and lifestyle precinct, the property benefits from strong local foot traffic, surrounding café, retail and service businesses, and close proximity to public transport, including the soon-to-be completed Marrickville Metro Station.
Zoned E1 Local Centre, the property is suitable for a wide range of commercial, retail and residential uses and represents a rare opportunity to secure a mixed-use asset in one of Sydney’s most tightly held Inner West locations.