After more than two decades under the stewardship of a highly regarded licensed restaurant, this uniquely versatile property is now available for purchase. Previously five individual shops, the space has been expertly reconfigured into one expansive, adaptable premises-offering unparalleled potential and flexibility for an astute buyer.
Utilise the entire 311sqm or explore the option to rework the layout (STCA) into multiple tenancies-perfect for an owner-occupier who wants to retain some space and lease or subdivide the remainder Potential to revert to the original 5 separate lots (STCA), providing excellent options for investors or future value-add strategiesKey Features: The property features a generous 202 sqm of internal space complemented by 77 sqm of external area, making a total of approximately 311 sqm, which includes 32 sqm dedicated to two single lock-up garages High-exposure shopfront in the vibrant heart of The Piazza, a buzzing community hub surrounded by popular restaurants, medical centre, convenience store, Pulse gym and pool, and more Prime location in a rapidly growing precinct, with over 500 new residences set for completion nearby, ensuring constant foot trafficLocation :Surrounded by an abundance of established amenities, the property is just footsteps from: Popular restaurants, cafés, and patisseries Medical Centre and allied health services Convenience stores and specialty retail The Pulse Club, featuring exclusive indoor and outdoor pools, tennis courts, gym, and function spaces Picturesque waterfront parklands, walking and cycling tracks Excellent access to ferry services, buses, and major arterial roads connecting to Sydney Olympic Park and the CBDPotential Rental Return
The property is expected to achieve a potential rental return of approximately $130,000–$140,000 per annum plus GST if leased as a whole. If converted back into five separate lots, it could potentially achieve an even higher rental return, based on prevailing price per square metre rates in the area.
Building Facilities & Amenities:Occupiers enjoy access to all resort-style facilities at The Waterfront, including both indoor and outdoor swimming pools, tennis courts, a fully equipped gym, expansive event spaces, and communal areas with outdoor seating. The complex also features a children's playground and beautifully landscaped grounds walking distance to the bay, offering a premium lifestyle for families and entertainers alike.
Approximate Outgoings (All 5 Lots) Total: $26,849.88 Per Annum Council Rates: $2,682 per annum Water Rates: $3,428.20 per annum Strata Levies: $20,739.68 per annumFor the right price, this is a true walk-in, walk-out opportunity-the retiring owners are happy to include all equipment and the full restaurant fit-out with the sale, delivering an unbeatable, ready-to-operate package for the astute purchaser*.
This property is set to sell. Act now! Call Joe Bousimon (0419 505 565) or Philipp Tsiprin (0498 388 338)
