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341 Penshurst St 1,884 - 4,747 SF of Space Available in North Willoughby, NSW 2068



Highlights
- High-exposure location with strong pedestrian and vehicle traffic.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,863 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 1,884 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
The property features a well-presented 266 sqm shopfront designed to accommodate a variety of uses, from retail to service-based businesses. Its prominent frontage ensures strong visibility to both pedestrian and vehicular traffic, making it an ideal choice for operators seeking maximum brand presence. The property includes the rare advantage of a private rear car park, providing convenient access for customers and staff. This feature enhances the overall accessibility and appeal of the site, particularly for businesses that prioritize customer convenience. The layout and location make it equally suitable for medical professionals, fitness operators, beauty salons, and other service-oriented enterprises looking to establish themselves in a thriving local market. Surrounded by established residential neighborhoods and positioned near key arterial routes, the property benefits from a steady flow of local and destination traffic. Its strategic location ensures easy connectivity to surrounding suburbs and major commercial hubs, creating a strong foundation for long-term business success.
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 4,747 SF of adjacent space
- Private Restrooms
- Corner Space
- Prime corner position
- Well-presented ground floor retail space
- Private rear car park
- Suitable for retail, medical, fitness
1st Floor
The property features a well-presented 266 sqm shopfront designed to accommodate a variety of uses, from retail to service-based businesses. Its prominent frontage ensures strong visibility to both pedestrian and vehicular traffic, making it an ideal choice for operators seeking maximum brand presence. The property includes the rare advantage of a private rear car park, providing convenient access for customers and staff. This feature enhances the overall accessibility and appeal of the site, particularly for businesses that prioritize customer convenience. The layout and location make it equally suitable for medical professionals, fitness operators, beauty salons, and other service-oriented enterprises looking to establish themselves in a thriving local market. Surrounded by established residential neighborhoods and positioned near key arterial routes, the property benefits from a steady flow of local and destination traffic. Its strategic location ensures easy connectivity to surrounding suburbs and major commercial hubs, creating a strong foundation for long-term business success.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 5 - 15 People
- Can be combined with additional space(s) for up to 4,747 SF of adjacent space
- Corner Space
- Prime corner position
- Well-presented ground floor retail space
- Private rear car park
- Suitable for retail, medical, fitness
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,747 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 4,747 SF |
| Total Space Available | 4,747 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,747 SF |
About the Property
Positioned on a highly visible corner at Penshurst Street and Victoria Avenue, this ground floor retail opportunity offers exceptional exposure in one of North Willoughby’s most sought-after locations. The property features a well-presented 266 sqm shopfront designed to accommodate a variety of uses, with first floor office of 175 sqm.
Nearby Major Retailers
Presented by
DiJones Sydney Commercial
341 Penshurst St
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