118-124 Terry St 376 SF Retail Condo Unit Offered at $406,214 in Rozelle, NSW 2039

This strata-titled retail unit sits within the award-winning Union Balmain precinct, offering practical design and appealing dimensions for commercial use. The property comprises approximately 35 m² of internal area under Strata Plan SP98621, complemented by a significant 4.6-meter ceiling height. Existing improvements include a kitchenette, internal amenities, and reverse cycle air conditioning, ensuring operational readiness for incoming occupiers.

Positioned to capture visibility within the precinct’s curated retail environment, the unit benefits from prominent signage opportunities. Connectivity to Victoria Road and City West Link enables immediate access to Sydney’s CBD, supported by proximate bus and light rail services. Outgoings are approximately $800 p.a. for water, $1,254 p.a. for council rates, and $11,088 p.a. for strata levies, providing transparency for operating costs.

This vacant retail property represents a rare opportunity to secure a tightly held Inner West asset within one of Sydney’s most desirable peninsular markets. Offered with vacant possession and backed by rental evidence from a previous barber shop tenancy, the property delivers strong investment fundamentals. An estimated potential net return of $35,000 per annum highlights its capability to attract stable income streams for investors and SMSF purchasers.

Surrounding operators include established destinations such as Lode Café, Fruitologist, Urban Spa Rozelle, and Union Wine Cellars, underscoring the precinct’s retail vibrancy. Combined with immediate transport access and proximity to the CBD, this offering is strategically positioned for long-term value growth. Whether for long-term hold or business operation, the strata unit stands as a compelling opportunity in a sought-after location.