An outstanding opportunity exists to acquire a zoned B4 mixed-use property, with parking, to be sold-in-one-line in the heart of Paddington. It currently comprises an upper level one-bedroom apartment with urban outlook, street level retail space with stable tenant, and rear lane access to off-street parking and a separate self-contained two-bedroom apartment. With a rental return of approx. $125,000 per annum, it presents a superb investment prospect, while offering excellent potential to re-create/renovate one brand new lifestyle sanctuary (STCA). Property Features: - Upper-level apartment with combined living/dining - Streamlined stone kitchen with quality appliances - Well-proportioned bedroom with built-in robe - Stylish fully tiled bathroom, concealed laundry - Split-cycle air conditioning, urban outlooks - Street level shop with kitchenette and storage - High ceilings, timber floors, ducted air conditioning - Lower-level apartment with separate entrance - Spacious living area, sleek Caesarstone kitchen - Main bedroom with built-in robe, ducted a/c - Rear lane access to an invaluable off street parking - Offers numerous residential/commercial endeavours - Move into one apartment/receive passive income - Excellent rental return of approx. $125,00 per annum - Re-create/rebuild brand new designer home (STCA) - Shops and popular eateries at the doorstep - Footsteps to Arts Bar, Palace Verona Cinema - Stroll to popular pubs, boutiques, city buses - Situated in the heart of the Oxford St revitalisation project - Walk to COFA University, UNSW Art & Design