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46-48 President Ave 667 SF Retail Condo Unit Offered at $758,568 in Caringbah, NSW 2229
Investment Highlights
- Prime location on President Avenue with excellent exposure to high traffic volumes.
- Surrounded by a strong mix of medical, retail, and professional service operators.
- Walking distance to Caringbah Train Station and local retail amenities.
- Located in a high-demand Sutherland Shire precinct with strong population growth.
Executive Summary
46–48 President Avenue is a prominently positioned mixed-use property located in the heart of Caringbah, a thriving commercial and residential hub within Sydney’s Sutherland Shire. The property enjoys excellent exposure along President Avenue, a major arterial road with strong daily traffic volumes, and is situated within walking distance of Caringbah Train Station, local retail, and essential services. The surrounding area is characterized by a vibrant mix of retail, medical, and professional services, supported by high-density residential developments and strong population growth. The property benefits from convenient access to major transport routes, including The Kingsway, Captain Cook Drive, and the Princes Highway, providing efficient connectivity to Sydney CBD, Port Botany, and Sydney Airport.
Property Facts
| Total Building Size | 47,899 SF | Floors | 6 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 7,965 SF |
| Property Subtype | Apartment | Lot Size | 0.30 AC |
| Building Class | C |
| Total Building Size | 47,899 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Typical Floor Size | 7,965 SF |
| Lot Size | 0.30 AC |
1 Unit Available
Unit Shop 3
| Unit Size | 667 SF | Sale Type | Investment |
| Price | $758,568 | Cap Rate | 5.03% |
| Price Per SF | $1,137.28 | NOI | $38,133.23 |
| Condo Use | Retail | No. Parking Spaces | 2 |
| Unit Size | 667 SF |
| Price | $758,568 |
| Price Per SF | $1,137.28 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.03% |
| NOI | $38,133.23 |
| No. Parking Spaces | 2 |
Description
Shop 3 at 46–48 President Avenue offers a premium retail investment opportunity in a high-exposure corner position on one of Caringbah’s busiest thoroughfares. Spanning 62 sqm internally, the property features extensive dual frontage of approximately 16 metres, providing exceptional visibility to both pedestrian and vehicular traffic.
The property is fully fitted for food and beverage operations, including a reception counter serving directly to the street, a dining area with street outlook, and a fully equipped commercial kitchen with grease trap, exhaust, gas, and cool room. Additional features include ducted air-conditioning, two allocated basement car spaces, and a storage cage.
Located just 500 metres from Caringbah Train Station and opposite major retailers such as McDonald’s and Chemist Warehouse, the property benefits from strong foot traffic and convenient access to Caringbah Shopping Village (Woolworths-anchored) and nearby hospitals. Free council parking in front of the shop further enhances accessibility for dine-in, takeaway, and delivery customers.
Sale Notes
An exceptional opportunity to acquire a securely leased retail property in a prime Sutherland Shire location. Shop 3 is tenanted by Johnny Gio’s Pizza, a renowned pizzeria chain with 17 locations across Sydney, known for its authentic brick oven pizzas and strong brand presence.
The property is leased until June 2029 with a further 5-year option, providing long-term income security. Current rent is $55,297 per annum + GST, with the tenant paying 100% of strata levies and water bills. Annual CPI increases apply, with a market review at option.
Positioned on a prominent corner with 16 metres of frontage, the property offers outstanding exposure and signage opportunities. Its strategic location on President Avenue ensures high traffic flow, while proximity to Caringbah Train Station, major retailers, and hospitals guarantees a strong and stable customer base.
Restaurant Fit Out
Commercial Kitchen
Commercial Kitchen
Cool Room
Presented by
46-48 President Ave
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