161 Norton Street Leichhardt NSW 2040
- 370 m²
- For Sale, For Sale
PRIME INNER WEST INVESTMENT
• Strong Investment Opportunity
• Inner Sydney Land Holding
• Long Term Value
• Add Potential
Located in the heart of Norton Streets vibrant retail/restaurant precinct the property occupies a desirable position with rear lane access via short street.
Existing restaurant/dessert bar with expansive indoor and outdoor dining areas and parking for 2+ cars at the rear.
Leichhardt is a popular and highly sought after inner West suburb due to its close proximity to the Sydney CBD, approx 5 kilometres from the subject site. 161 Norton Street, Leichhardt is strategically located in the heart of the in-demand suburb and is within close proximity to leading educational facilities including the University or Sydney and state of the art medical facilities at the Royal Prince Alfred Hospital. Leichhardt is bordered by lively suburbs including Lilyfield, Annandale and Petersham with an abundance of retail strips and public transportation including light rail and regular bus services operating throughout the area.
A number of highlights are outlined below:
- Balance of 3 x 5 x 2 lease to Peanut Butter Bar
- Commercial kitchen with potential street seating
- Irreplaceable inner Sydney location just 6km from the CBD, surrounded by dense residential population
- Sizable 400sqm site, including a highly convenient rear land access
- Attractive and flexible underlying B2 zoning allowing for future re-development
- Annual income $100,000+gst p.a.**Approximate
For further information please contact the exclusive sales and marketing agents at Richardson& Wrench Leichhardt.
|Floor Area||370 m²|
|Land Area||400 m²|
|Annual Return||Ask Agent|
|Last updated||27 Aug 2019|