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5 Potter St - Aria 1,011 SF Retail Condo Unit Offered at $1,071,903 in Waterloo, NSW 2017
Investment Highlights
- Mixed-use development featuring ground-floor retail and upper-level commercial spaces integrated with high-density residential apartments.
- Positioned in the Crown Square precinct, a key urban renewal area in Waterloo, supported by significant infrastructure investment and growth.
- Includes on-site parking provisions and storage allocations for select lots, enhancing functionality for occupants.
- Located within a vibrant retail plaza that includes restaurants, wellness services, and convenience retail, creating a strong amenity base.
- Excellent connectivity with multiple bus routes nearby and the future Waterloo Metro Station within walking distance.
- Designed for accessibility with pedestrian-friendly pathways and proximity to public transport, making it convenient for both customers and tenants.
Executive Summary
5 Potter Street is part of a mixed-use development located in the heart of Waterloo, a suburb undergoing significant urban renewal and infrastructure investment. The building forms part of a retail and commercial precinct integrated with high-density residential apartments, creating a vibrant and active streetscape. The property is positioned within a shopping plaza that accommodates a variety of retail and service-based businesses, contributing to a strong local amenity base for residents and visitors. The building includes ground-floor retail spaces with provisions for food and beverage operations, as well as associated storage and on-site parking facilities. Its design supports accessibility with pedestrian-friendly pathways and proximity to public transport options. Located approximately 3 km from the Sydney CBD, 5 Potter Street benefits from excellent connectivity via major arterial roads and public transport, including nearby bus routes and the future Waterloo Metro Station. The surrounding area features a mix of residential, commercial, and recreational amenities, including supermarkets, dining venues, fitness centers, and green spaces.
Property Facts
| Total Building Size | 137,444 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 16,146 SF |
| Property Subtype | Apartment | Tenancy | Single |
| Building Class | C | Lot Size | 2.47 AC |
| Total Building Size | 137,444 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Typical Floor Size | 16,146 SF |
| Tenancy | Single |
| Lot Size | 2.47 AC |
Amenities
Unit Amenities
- Air Conditioning
1 Unit Available
Unit 3
| Unit Size | 1,011 SF | Condo Use | Retail |
| Price | $1,071,903 | Sale Type | Investment |
| Price Per SF | $1,060.24 | No. Parking Spaces | 1 |
| Unit Size | 1,011 SF |
| Price | $1,071,903 |
| Price Per SF | $1,060.24 |
| Condo Use | Retail |
| Sale Type | Investment |
| No. Parking Spaces | 1 |
Description
This strata-titled retail property at 3/5 Potter Street comprises two separate tenancies across two levels, offering a combined internal area of approximately 100 sqm. The ground floor features a 43 sqm Japanese restaurant with a functional layout and street-facing shopfront, while the first floor accommodates a 51 sqm Thai massage spa with private treatment rooms. Both spaces are designed for operational efficiency and customer comfort.
Additional inclusions on title are a 15 sqm secure car space and a 5 sqm storage area, enhancing convenience for occupants. The property is part of a mixed-use development that integrates retail, dining, and residential components, creating a dynamic environment for businesses and customers alike. Shared amenities and easy pedestrian access further support the property’s usability and appeal.
Sale Notes
3/5 Potter Street offers a rare dual-tenancy retail investment in the heart of Waterloo’s bustling Crown Square precinct. This double-storey property combines two established businesses—a Japanese restaurant on the ground floor and a Thai massage spa on the first floor—delivering strong cash flow and a high net yield. Both tenancies are fully leased and contribute to a secure income stream, with tenants responsible for all outgoings.
The property spans a total of 120 sqm on title, comprising approximately 100 sqm of internal space, a 15 sqm car space, and a 5 sqm storage area. The ground-floor restaurant occupies 43 sqm, while the upper-level massage spa offers 51 sqm, creating a balanced mix of food and wellness services. Positioned within a vibrant retail hub surrounded by Crown Square apartments, Toyota Service Centre, and a variety of cafes, supermarkets, and lifestyle amenities, this property benefits from consistent foot traffic and strong local demand.
Located just 4 km from the Sydney CBD, the property enjoys excellent connectivity via major roads and public transport, with bus stops nearby and the future Waterloo Metro Station within easy reach. This is a well-positioned asset in a high-growth urban renewal area, supported by significant infrastructure investment and a rapidly expanding residential population.
Contact
-
Leon Chan - Leaders Estate Agents
Presented by
Leaders Estate Agents
5 Potter St - Aria
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