54 Norton Street Leichhardt NSW 2040

Opportunity to immediately owner occupy in the heart of Leichhardt. Norton Street offers some of the streets best retail and dining experiences.
54 Norton Street is 268sqm also features some development potential; this single story building is surrounded by primarily two level mixed use retail/residential buildings ? the B2 Local Centre zoning has not been utilized to its full potential.

The property is a single story building, located within the main business centre of Leichhardt, Norton Street. With an existing fit out for a restaurant, café or bar. The entrance of the property features timber flooring, two outdoor dining spaces, and two large dining rooms, one which can be dedicated as a private function room and bar.
The property is currently vacant; fit out for a restaurant or cafe ? ideal for an owner occupier looking to set up in the main street in Leichhardt, or an investor seeking a value add opportunity.

The property was returning $119,000 p.a + GST 12 months ago with an active tenant. At 268sqm, that equates to $444/sqm.