128 Cahors Rd 2,583 SF 100% Leased Retail Building Padstow, NSW 2211 $1,085,550 ($420.21/SF) 4.10% Cap Rate

Located in the heart of Padstow’s tightly held CBD, this is a rare opportunity to acquire a mixed-use commercial asset comprising a ground-floor retail shop and a one-bedroom residential unit on a single title. Assets of this nature are seldom offered in this core village position and will appeal to investors seeking secure income with future upside.
The property enjoys strong exposure to both foot and vehicular traffic and is positioned approximately 200 metres from Padstow Train Station, providing excellent accessibility and long-term tenant appeal. Padstow’s retail strip remains highly sought after due to consistent local trade, commuter activity and limited supply of comparable assets.
The commercial shop is securely leased, returning $32,898 per annum (GST nil) with a lease expiry in September 2026, providing immediate income and medium-term flexibility. The residential unit offers further upside, with a potential rental return of approximately $500–$550 per week, bringing combined potential income to circa $61,500 per annum.
Set on a landholding of approximately 221.3 square metres (as per council records), this represents a compelling investment opportunity in one of Padstow’s most established and tightly held locations.