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122 Longueville Rd 2,056 SF 100% Leased Retail Building Lane Cove, NSW 2066 $1,517,137 ($737.94/SF) 3.75% Cap Rate
Investment Highlights
- Two-storey freehold retail building located in Lane Cove’s main retail corridor.
- Excellent connectivity to Sydney CBD, North Sydney, and Macquarie Park via major arterials.
- Positioned approximately 250 meters from The Canopy retail and dining precinct.
- Rear lane access via Pottery Lane with a covered car space.
Executive Summary
122 Longueville Road offers a rare opportunity to acquire a freehold retail investment in the heart of Lane Cove Village, one of Sydney’s most established Lower North Shore precincts. Positioned along the tightly held Longueville Road retail strip, the property enjoys exceptional exposure and strong pedestrian activity. Its location provides seamless connectivity to Epping Road, Pacific Highway, and the Lane Cove Tunnel, ensuring efficient access to Sydney CBD, North Sydney, and Macquarie Park.
The property is situated approximately 250 meters from The Canopy, Lane Cove’s award-winning retail and dining precinct, and is surrounded by major retailers such as Woolworths, Coles, Harris Farm Markets, and Chemist Warehouse. This vibrant environment supports consistent foot traffic and long-term tenant demand.
The two-level building is fully leased to Lane Cove Sushi Bar under a new 5-year lease with a 5-year option, delivering secure income of $82,500 p.a. plus GST with 3% annual increases. The tenant pays 100% of outgoings, enhancing investment stability. Additionally, the upper level offers future flexibility for potential residential conversion (STCA), adding long-term value potential.
The property is situated approximately 250 meters from The Canopy, Lane Cove’s award-winning retail and dining precinct, and is surrounded by major retailers such as Woolworths, Coles, Harris Farm Markets, and Chemist Warehouse. This vibrant environment supports consistent foot traffic and long-term tenant demand.
The two-level building is fully leased to Lane Cove Sushi Bar under a new 5-year lease with a 5-year option, delivering secure income of $82,500 p.a. plus GST with 3% annual increases. The tenant pays 100% of outgoings, enhancing investment stability. Additionally, the upper level offers future flexibility for potential residential conversion (STCA), adding long-term value potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,056 SF
Building Class
C
Price
$1,517,137
Price Per SF
$737.94
Cap Rate
3.75%
NOI
$56,893
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.64
Lot Size
0.07 AC
Frontage
32’ on Longueville Road
Amenities
- Signage
- Air Conditioning
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Contacts
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Rocco Tripodi -
Massimo Salerno -
Belle Property Commercial - Inner West/City Fringe
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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122 Longueville Rd
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