IB Property is proud to offer an exceptional opportunity to lease a prime hospitality venue in the heart of Spice Alley, one of Sydney's most dynamic and recognised dining destinations.
Located at 1 Kensington Street, Chippendale, this 304sqm* restaurant space is fully licensed for food and alcohol service. The tenancy benefits from an abundance of natural light and a highly functional layout, making it an ideal platform for a standout food and beverage concept. Fully equipped with a grease trap and mechanical exhaust, it is ready to accommodate a wide range of cuisines and service styles.
Positioned within walking distance to Central Station and surrounded by the University of Sydney and UTS, the site enjoys heavy daily foot traffic and a diverse, built-in customer base of students, professionals, and residents. The precinct is already home to some of Sydney's most celebrated hospitality names, creating a thriving environment for ambitious operators to join a high-performing community.
The space is best suited to experienced and reputable operators seeking a long-term lease of 57 years, with no options preferred.
Key Highlights:
- 304sqm* of licensed restaurant space
- Full fitout in place + storeroom
- Excellent natural light and functional layout with footpath seating
- Prime inner-city location within the Spice Alley precinct
- High foot traffic near Central Station, UTS, University of Sydney and the future Tech Central precinct
- Surrounded by successful and established hospitality groups
Join a thriving line-up of nearby operators such as Ester, Porteno, Café Paci, Liquid & Larder (Bistecca, The Gidley, Alfie's), Bentley Group, Pellegrino 2000, Bistro Rex, Poetica, and many more.
For all enquiries and inspections, please contact the exclusive agents:
Steffan Ippolito
0403 347 111
Edward Ghattas
0449 638 824
