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111-115 New Canterbury Rd - Genesis 645 - 1,162 SF Retail Condo Units Offered at $461,702 Per Unit in Petersham, NSW 2049
Investment Highlights
- Prime location near thriving local businesses and amenities
- Excellent connectivity to Sydney CBD
- Secure basement parking
Executive Summary
Comprises the 'Genesis' complex containing 18 apartments and ground-level retail. Offers basement parking, lift access, and security video intercom. Situated in a convenient location with direct links to the Sydney CBD.
Property Facts
| Total Building Size | 20,139 SF | Typical Floor Size | 5,035 SF |
| Property Type | Multifamily | Year Built | 2016 |
| Property Subtype | Apartment | Tenancy | Single |
| Building Class | C | Lot Size | 0.13 AC |
| Floors | 4 |
| Total Building Size | 20,139 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 5,035 SF |
| Year Built | 2016 |
| Tenancy | Single |
| Lot Size | 0.13 AC |
Amenities
Unit Amenities
- Air Conditioning
- Basement
Site Amenities
- Security System
- On-Site Retail
- Elevator
2 Units Available
Unit Lot 19
| Unit Size | 645 SF | Condo Use | Retail |
| Price | $461,702 | Sale Type | Investment |
| Price Per SF | $715.82 | No. Parking Spaces | 1 |
| Unit Size | 645 SF |
| Price | $461,702 |
| Price Per SF | $715.82 |
| Condo Use | Retail |
| Sale Type | Investment |
| No. Parking Spaces | 1 |
Description
Ground-floor strata-titled shop offering 60 sqm internal and secure parking for 1 car.
Sale Notes
Lot 19 at 111-115 New Canterbury Road presents a secure and hassle-free investment opportunity in the heart of Petersham. This strata-titled retail shop offers an attractive rental return of approximately $41,375.16 per annum, underpinned by a long-term lease in place until 31 August 2028. The lease includes annual rental increases of 3% CPI, ensuring consistent income growth and strong investment stability.
The property is ideally positioned in a vibrant inner-west location, surrounded by popular local businesses and amenities, and just steps from public transport options including buses and trains with direct links to the Sydney CBD. Offering approximately 60 m² of internal space plus secure parking, this property combines convenience, accessibility, and long-term income security.
With low outgoings and a prime location in one of Sydney’s most sought-after suburbs, this asset is perfectly suited for investors seeking a quality retail property with strong fundamentals and built-in rental growth.
Interior Photo
Interior Photo
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Interior Photo
Unit Lot 20
| Unit Size | 1,162 SF | Condo Use | Retail |
| Price | $461,702 | Sale Type | Investment |
| Price Per SF | $397.33 | No. Parking Spaces | 1 |
| Unit Size | 1,162 SF |
| Price | $461,702 |
| Price Per SF | $397.33 |
| Condo Use | Retail |
| Sale Type | Investment |
| No. Parking Spaces | 1 |
Description
Ground-floor retail shop with secure parking and storage.
Sale Notes
Lot 20 at 111-115 New Canterbury Road presents an outstanding tenanted investment opportunity in a high-demand inner-west location. This 108 m² retail space is currently leased to a Remedial Massage Therapist under a secure long-term tenancy until October 2025, with two additional 3-year options available. The lease structure includes CPI-based rental increases, ensuring consistent income growth and long-term stability for investors.
The property features a large branded shopfront offering excellent street presence, internal rear access, and essential amenities including a kitchenette and bathroom facilities. Secure parking and storage further enhance the property’s functionality and appeal.
Positioned in a prime location with strong exposure along New Canterbury Road, the property benefits from proximity to rail and bus services providing direct access to the Sydney CBD. This combination of a secure tenancy, strategic location, and quality improvements makes Lot 20 an ideal choice for investors seeking a reliable income stream in a thriving urban precinct.
Interior Photo
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111-115 New Canterbury Rd - Genesis
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