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85 New South Head Rd - Bayside Ap. 1,410 SF Retail Condo Unit Offered at $1,546,402 in Edgecliff, NSW 2027
Investment Highlights
- Positioned moments from Rushcutters Bay Park and the harbourfront recreation precinct
- Direct access to Edgecliff train station and major bus routes servicing the CBD and Eastern Suburbs
- Direct access to Edgecliff train station and major bus routes servicing the CBD and Eastern Suburbs
- Highly connected location with quick arterial access to the CBD, Double Bay, and Bondi Junction
Executive Summary
85–97 New South Head Road enjoys a prime position at the gateway to Rushcutters Bay, offering direct proximity to Rushcutters Bay Park, the Edgecliff Centre, and the Edgecliff train station. This sought-after location provides seamless access to the Sydney CBD while benefiting from the convenience and amenity of a well-established inner-eastern enclave. The property comprises a well-scaled twelve-storey residential building complemented by a ground-floor component, presenting strong street presence along the high-visibility New South Head Road corridor. Its elevated profile, accessibility, and surrounding lifestyle amenities contribute to its appeal for residents and visitors alike. The immediate area blends harbourside recreation, retail convenience, and efficient transport options, positioning the asset as a highly connected and desirable address within the Eastern Suburbs.
Property Facts
| Total Building Size | 98,554 SF | Floors | 12 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 8,213 SF |
| Property Subtype | Apartment | Year Built | 1993 |
| Building Class | B | Lot Size | 0.24 AC |
| Total Building Size | 98,554 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 12 |
| Typical Floor Size | 8,213 SF |
| Year Built | 1993 |
| Lot Size | 0.24 AC |
1 Unit Available
Unit 4
| Unit Size | 1,410 SF | Sale Type | Investment |
| Price | $1,546,402 | Cap Rate | 5.00% |
| Price Per SF | $1,096.74 | NOI | $77,320.10 |
| Condo Use | Retail |
| Unit Size | 1,410 SF |
| Price | $1,546,402 |
| Price Per SF | $1,096.74 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| NOI | $77,320.10 |
Description
The property features a sleek, contemporary design with floor-to-ceiling glass frontage, ensuring maximum exposure to both pedestrian and vehicular traffic along New South Head Road. The 131 sqm open-plan layout is complemented by ducted air conditioning, ample storage, and a concealed kitchenette, while shared loading dock and storage facilities add operational convenience.
Sale Notes
This retail investment opportunity at Shop 4, 85-97 New South Head Road, Edgecliff, offers a highly visible and well-positioned asset in one of Sydney’s most desirable inner-city locations. The property features a sleek, contemporary design with floor-to-ceiling glass frontage, ensuring maximum exposure to both pedestrian and vehicular traffic along New South Head Road. Its proximity to Rushcutters Bay Park, Edgecliff Centre, and the train station enhances accessibility and footfall, making it a compelling choice for investors seeking long-term stability.
Currently leased to a strong tenant, the property provides a secure income stream with a net income of $110,000 + GST per annum, reflecting a 5.0% return at the asking price of $2,200,000. The 131 sqm open-plan layout is complemented by ducted air conditioning, ample storage, and a concealed kitchenette, while shared loading dock and storage facilities add operational convenience. This is a rare chance to acquire a low-maintenance, high-exposure retail asset in a tightly held market, offering both immediate income and future owner-occupier potential.
Interior space
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85 New South Head Rd - Bayside Ap.
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