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635 Gardeners Rd - Aero Apartments 968 SF Retail Condo Unit Offered at $360,225 in Mascot, NSW 2020
Investment Highlights
- Securely leased investment with an established beauty salon tenant.
- Surrounded by major residential developments and an active mixed-use community.
- Located on Gardeners Road, a high-traffic arterial route in Sydney’s inner south.
Executive Summary
Shop 7/635 Gardeners Road is located in Mascot, an inner-south Sydney suburb approximately 7 kilometers from the CBD and close to Sydney Airport. The property faces Gardeners Road, a key arterial route linking the eastern suburbs to Sydney’s southern corridor. The surrounding area features a mix of high-density residential developments, retail outlets, and small commercial premises. Public transportation is readily available with Mascot train station nearby and several bus routes operating along Gardeners Road.
1 Unit Available
Unit 7
| Unit Size | 968 SF | Cap Rate | 3.65% |
| Price | $360,225 | NOI | $13,132.36 |
| Price Per SF | $372.13 | No. Parking Spaces | 2 |
| Condo Use | Retail | APN/Parcel ID | CP/SP73802 |
| Sale Type | Investment |
| Unit Size | 968 SF |
| Price | $360,225 |
| Price Per SF | $372.13 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 3.65% |
| NOI | $13,132.36 |
| No. Parking Spaces | 2 |
| APN/Parcel ID | CP/SP73802 |
Description
The property at Shop 7/635 Gardeners Road is situated in Mascot, an inner-southern suburb of Sydney, approximately 7 km from the CBD and in close proximity to Sydney Airport. It fronts a major arterial route, Gardeners Road, which connects to eastern suburbs and Sydney’s southern corridor. The immediate area comprises multifamily developments, retail, and small commercial uses. Public transport access includes nearby Mascot train station, and multiple bus routes along Gardeners Road.
Sale Notes
This leased retail investment presents a secure opportunity in the heart of one of Sydney’s fastest-growing precincts. Positioned on busy Gardeners Road, the property delivers exceptional exposure to local traffic and sits within a high-density residential corridor, ensuring steady consumer demand. An established beauty salon tenant anchors the location, providing reliable rental income under a lease arrangement extending to December 2026 with a 1-year option, featuring tenant-covered outgoings and annual 3% rent increases.
The Mascot area is a vibrant hub located minutes from Sydney Airport, with excellent connectivity via major roads and Mascot train station. Continued residential and commercial development reinforces the long-term growth outlook, while a strong local demographic mix elevates retail spending potential. Investors benefit from governing infrastructure, amenities, and a robust employment base supporting the tenancy. This asset combines location advantages with a structured lease profile, offering an attractive addition to professional property portfolios.
Interior Shot with Window View
Interior Photo with Fit-Out for Current Tenant
Private Bathroom
Property Facts
| Total Building Size | 471,750 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 14,208 SF |
| Property Subtype | Apartment | Lot Size | 4.92 AC |
| Building Class | C |
| Total Building Size | 471,750 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 14,208 SF |
| Lot Size | 4.92 AC |
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635 Gardeners Rd - Aero Apartments
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