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18 O'Dea Ave - Waterfall 1,248 SF Retail Condo Unit Offered at $1,440,900 in Waterloo, NSW 2017
Investment Highlights
- Located between Waterloo and Green Square master-planned communities.
- Mixed-use development combining residential apartments with ground-floor retail components, enhancing appeal for residents and businesses.
- Modern infrastructure with integrated landscaping, communal spaces, and pedestrian linkages.
Executive Summary
The site benefits from proximity to key transport connections, including bus services on O’Dea Avenue and nearby Green Square railway station. It is located within approximately 4 kilometers of Sydney’s Central Business District and offers connectivity to major arterials such as Botany Road and South Dowling Street. Surrounding uses include residential towers, neighborhood retail, hospitality operators, and lifestyle amenities. The building also provides landscaped communal spaces, pedestrian linkages, and accessible routes to nearby parks.
1 Unit Available
Unit Shop 6
| Unit Size | 1,248 SF | Condo Use | Retail |
| Price | $1,440,900 | Sale Type | Investment |
| Price Per SF | $1,154.57 | No. Parking Spaces | 2 |
| Unit Size | 1,248 SF |
| Price | $1,440,900 |
| Price Per SF | $1,154.57 |
| Condo Use | Retail |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
Description
The property includes 116 m² on the ground floor with two onsite parking spaces. Tenant occupies under a 5-year lease commencing September 2022 with an additional 5-year option. Lease terms include fixed annual increases, and the tenant is responsible for outgoings. Equipped with grease trap and exhaust capabilities. Located within the O’Dea Avenue corridor near Green Square, surrounded by mixed-use development and pedestrian connectivity via Rope Walk park.
Sale Notes
Positioned on the ground floor of a modern development, Shop 6 at 18 O’Dea Avenue offers a rare retail opportunity with a secure tenant in place. Spanning 116 m² and equipped with a grease trap and exhaust provisions, the property is purpose-built for food and beverage use. Two onsite parking spaces further elevate convenience for staff and customers.
The asset occupies a high-visibility location fronting O’Dea Avenue, complemented by direct access to the Rope Walk landscaped pedestrian park. Surrounded by thriving master-planned communities in Waterloo and Green Square, the property benefits from a robust and growing catchment fueled by substantial residential density and mixed-use development.
As the largest retail tenancy among 12 in the Waterfall development, this property is well-positioned to attract steady foot traffic from local residents and visitors. Its 5-year lease with a 5-year option commenced in September 2022, secured by annual rental increases and tenant responsibility for outgoings. Offering an attractive return profile, this is an outstanding choice for investors seeking stability and long-term upside in Sydney’s inner south.
Property Facts
| Total Building Size | 171,534 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 21,442 SF |
| Property Subtype | Apartment | Year Built | 2020 |
| Building Class | C |
| Total Building Size | 171,534 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Typical Floor Size | 21,442 SF |
| Year Built | 2020 |
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18 O'Dea Ave - Waterfall
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