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143 Parramatta Rd 2,045 SF 100% Leased Retail Building Annandale, NSW 2038 $1,084,976 ($530.51/SF)



Investment Highlights
- Ground-floor retail premises
- Onsite parking space
- Prominent Parramatta Road frontage
Executive Summary
143 Parramatta Road presents a compelling freehold acquisition on one of Sydney's most recognised inner-west arterial roads. The property offers both immediate income via the existing restaurant tenancy and significant future development potential (STCA) underpinned by its B2 zoning and strategic main road positioning.
The ground-floor premises is fully equipped for hospitality use, with an established grease trap and exhaust system supporting continued food-based occupation. For developers and land-bankers, the freehold nature, prominent exposure, and inner-city location create a strong long-term value proposition within a tightly held and rapidly evolving precinct.
Opportunities to acquire freehold retail assets of this nature on Parramatta Road are increasingly rare, making this a strategic holding for investors, owner-occupiers, or developers with a longer-term vision.
The ground-floor premises is fully equipped for hospitality use, with an established grease trap and exhaust system supporting continued food-based occupation. For developers and land-bankers, the freehold nature, prominent exposure, and inner-city location create a strong long-term value proposition within a tightly held and rapidly evolving precinct.
Opportunities to acquire freehold retail assets of this nature on Parramatta Road are increasingly rare, making this a strategic holding for investors, owner-occupiers, or developers with a longer-term vision.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,045 SF
Building Class
C
Price
$1,084,976
Price Per SF
$530.51
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.05 AC
Parking
2 Spaces (0.98 Spaces per 1,000 SF Leased)
Amenities
- Signage
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143 Parramatta Rd
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