An opportunity to acquire a large format retail space, with mixed use development approval in the heart of the Inner West comes around once every so often.

The existing structure will be used as part of the development, which will allow one to unlock enormous upside in the property and save on initial constructions costs. Take advantage of the limited residential rental properties on the market and the large influx students/migrants due to arrive in Sydney over the next 12-24 months and develop a secure investment and cash cow.

The existing blank canvas spans three levels, which includes a first floor office space, clear span ground floor retail and boasts secure underground car parking and storage, accessed from a rear lane. The way it stands the property is perfectly suited for an array of retail or commercial uses, and any business will prosper by being located in the heart of Norton Street and surrounded by other local institutions, national retailers and in an area which is already benefiting from gentrification, infrastructure investment and planned population increases, through several proposed economic and development strategies.

Key features:
Land Area - 430 sqm approx.
Building Area - 390 sqm approx.
Zoning - B2 Local Centre
Ample parking, loading & storage