High-Yielding Mixed-Use Investment with Future Upside
14 Princes Highway, Sylvania
Price: Expressions of Interest | Closing 22nd Oct 2026

CPG is proud to present 14 Princes Highway, Sylvania – A versatile freehold retail and residential investment offered to the market via Expressions of Interest.

Positioned along the Princes Highway in the heart of Sylvania, the property benefits from a prominent main road location, strong accessibility and proximity to established retail, commercial and residential amenities throughout the surrounding area.

The property comprises a well-configured mixed-use building across two levels, incorporating a ground-floor retail tenancy together with a three-bedroom apartment and one-bedroom studio apartment. The three separate tenancies provide a diversified income stream, with the property generating a combined annual rental income of $147,800 pa Net + GST where applicable.

Adding further appeal is direct rear access via Margaret Lane, providing practical access for deliveries, waste removal, servicing and day-to-day operations. This is a particularly valuable feature for hospitality and retail occupiers, allowing operational access to be efficiently separated from the property’s prominent Princes Highway frontage.

Key Features:

• 333m²* land area
• 307.50m²* total building area across two levels
• Rooftop solar installation reducing ongoing energy costs
• Direct rear access via Margaret Lane for deliveries and servicing
• Multi-tenanted retail and residential investment
• Combined annual rental income of $147,800 pa Net + GST where applicable
• Secure on-site parking for approximately four vehicles via rear lane access
• E1 Local Centre zoning
• 1:1 Floor Space Ratio
• 9 metre maximum building height
• Prominent Princes Highway position with excellent exposure and accessibility
• Attractive future repositioning or redevelopment potential, subject to approval

Offering multiple income streams, a prominent freehold position and underlying development potential, 14 Princes Highway, Sylvania presents an appealing opportunity for investors seeking both immediate income and longer-term value creation.

Expressions of Interest Closing:
Thursday 22nd October 2026 at 5:00pm (AEDT)

Open For Inspections:
Thursday’s from 12:00pm to 12:30pm
24th September, 1st, 8th, 15th & 22nd October 2026
Or By Private Appointment

For more information or to arrange an inspection, contact the exclusive selling agents:

Damen Astey
0431 817 616

Lucas Angelakos
0409 771 401

*Approximate