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343-345 Sydney Rd 505 SF Retail Condo Unit in Balgowlah, NSW 2093
Investment Highlights
- Eight-story mixed-use strata building
- Prominent glass frontage along Sydney Road
- Strong visibility and accessibility
- Two levels of retail space
- Shared access and building amenities
Executive Summary
343-345 Sydney Road, Balgowlah is an eight-story strata condominium building with a mixed-use configuration. The structure includes two levels of retail space located on the ground and first floors, both featuring glass street frontage along Sydney Road. The upper levels are comprised of residential condominium units. The building is designed for multi-tenant occupancy and provides shared access points for both residential and commercial components. Its location on Sydney Road offers direct street exposure and accessibility to public transport and nearby parking facilities.
Property Facts
| Total Building Size | 78,028 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 9,753 SF |
| Property Subtype | Apartment | Lot Size | 0.44 AC |
| Building Class | B |
| Total Building Size | 78,028 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 8 |
| Typical Floor Size | 9,753 SF |
| Lot Size | 0.44 AC |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
1 Unit Available
Unit 1
| Unit Size | 505 SF | No. Parking Spaces | 1 |
| Condo Use | Retail | APN/Parcel ID | CP/-/SP35121 |
| Sale Type | Investment |
| Unit Size | 505 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| No. Parking Spaces | 1 |
| APN/Parcel ID | CP/-/SP35121 |
Description
Shop 1 at 343-345 Sydney Road in Balgowlah is a ground-floor retail property comprising approximately 47 m² of internal space with an additional 36 m² storage area. The layout includes a glass shopfront facing Sydney Road, a flexible internal floorplate, a kitchenette, and access to shared bathroom facilities. The property also provides a secure car space for convenience. It is currently leased to a Buyer’s Agency under a new two-year lease with an option, generating $39,000 per annum plus GST, with the potential for an additional $7,500 per annum from leasing the storage area. Located on a major thoroughfare, the property benefits from proximity to public transport, a nearby council car park, and surrounding residential neighborhoods with schools and recreational amenities.
Sale Notes
This is a rare opportunity to secure a retail investment in the thriving Northern Beaches suburb of Balgowlah. Positioned on Sydney Road, one of the area’s busiest and most prominent retail corridors, the property offers exceptional exposure and consistent foot traffic. The surrounding community is well-established, with strong demographics, quality schools, and abundant green spaces, making this a highly desirable location for businesses and investors alike.
The property features a striking glass shopfront, a flexible floorplate, and practical amenities including a kitchenette and shared bathroom. A secure car space and an additional 36 m² storage area add further value, with the storage space offering potential for extra income.
Currently leased to a reputable Buyer’s Agency on a new two-year term with an option, the property delivers immediate income security of $39,000 per annum plus GST, with upside potential of an additional $7,500 per annum from the storage area. This combination of strong location fundamentals, secure tenancy, and income growth potential makes this an outstanding investment opportunity in a tightly held market.
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343-345 Sydney Rd
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