Seize this rare opportunity to secure a premium ground floor retail or corporate premises in one of Sydney's most vibrant enclaves. Spanning 251m² with a 15m street frontage, this landmark space showcases panoramic views of the Harbour Bridge, Opera House, and Sydney city skyline.
o Gross Holding Income: Generates over $268,729 per annum
o Secure Tenancy: Leased until 31 July 2025 as display suites by a leading Sydney developer, ensuring stable returns and flexibility for future plans
o Dynamic Precinct: Victoria Street's rapid evolution over the last decade features boutique retail, prestigious residences, schools, and a cosmopolitan atmosphere
o Prime Location: Close proximity to Sydney's CBD and harbour enhances its appeal as a premier commercial destination
Adding to its value, this property features a separate, fully self-contained 39 sqm office/gym space below. Additionally, it holds Development Application (DA) approval for a restaurant, opening the door to significant future growth. A spacious layout, street-level accessibility, and three dedicated parking spaces position it as an ideal choice for businesses aiming to thrive in this dynamic precinct.
Executive summary
o 251 sqm of commercial space
o 3 secure car spaces on separate titles (67 sqm total)
o Separate 39 sqm self contained office/gym
o 15 metre street frontage
o DA approved for a restaurant
o Currently returning $268,729 p.a.
o Potential return on a fully-let basis $307,369 p.a.
o 6 lock-up storage rooms
o 3 WC rooms and 1 bathroom
o Prime Potts Point retail/office or impressive HQ
Inspections:
Starting 12th February 2025, Wednesday 11:00am - 11:30am or by private appointment.
Auction: 6:00PM Wednesday, 26 March 2025 onsite.