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172A Norton St 1,184 SF Retail Building Leichhardt, NSW 2040 $980,228 ($827.87/SF)
Investment Highlights
- Two-storey commercial shop
- Separate toilet facilities for staff and customers
- Enclosed balcony overlooking street area
- Council and water outgoings paid by the tenant
Executive Summary
172A Norton Street, Leichhardt presents as a two-storey commercial retail investment located within the core of Norton Street’s established retail and dining precinct. The property is offered for sale with an established restaurant tenancy in place, providing secure monthly income of $3,503.50 in a tightly held inner-west location.
The asset is zoned B2 Local Centre, allowing for a range of retail, food, and commercial uses (STCA). The property benefits from a secure lease in place until March 2026, with a further two-year option, and tenant-paid statutory outgoings.
The asset is zoned B2 Local Centre, allowing for a range of retail, food, and commercial uses (STCA). The property benefits from a secure lease in place until March 2026, with a further two-year option, and tenant-paid statutory outgoings.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,184 SF
Building Class
C
Price
$980,228
Price Per SF
$827.87
Tenancy
Single
Building Height
2 Stories
Building FAR
2.50
Lot Size
0.01 AC
Frontage
69’ on Norton Street
Amenities
- Bus Line
- Accent Lighting
- Recessed Lighting
- Air Conditioning
- Balcony
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172A Norton St
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