120 Cahors Rd 1,324 SF 100% Leased Retail Building Padstow, NSW 2211 $1,006,653 ($760.33/SF)

Secure a rare freehold investment in the heart of Padstow’s thriving retail precinct. Positioned along Cahors Road, this versatile property combines a ground-floor retail tenancy with an income-generating two-bedroom residence above, offering a compelling dual-income opportunity. The ground floor is currently leased to a reliable long-term tenant, ensuring immediate cash flow, while the upstairs apartment, featuring separate access, a neat bathroom, and open-plan living, provides additional rental upside or owner-occupier flexibility.
Rear lane access to a garage and storage area enhances functionality for both retail and residential occupants. With a generous 6.1-meter frontage and strong exposure to consistent foot and vehicle traffic, the property is ideally suited for investors seeking stability with future growth potential.
The site’s B2 Local Centre zoning, 2.5:1 FSR, and 20-meter height limit open the door to redevelopment or mixed-use projects (subject to council approval). Situated just 200 meters from Padstow Train Station, the property benefits from excellent connectivity and proximity to established amenities, ensuring sustained demand from both tenants and customers.
Currently generating a gross income of $61,840 per annum, this asset offers a blend of secure returns and long-term value creation in one of Sydney’s well-connected suburban hubs.