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1 Shepherd St 1,399 SF Retail Condo Unit in Chippendale, NSW 2008
Investment Highlights
- Surrounded by high-density residential and student housing
- Located near Broadway Shopping Centre
- Includes secure underground parking
- Strong foot traffic
Executive Summary
The property is a four-story multifamily apartment building that includes residential units above and retail spaces at street level. It is located on Shepherd Street in Chippendale, NSW, near Broadway Shopping Centre and within walking distance of major universities. The surrounding area consists of high-density residential developments and student accommodation. The property includes an internal bathroom and a secure underground parking space.
Property Facts
| Total Building Size | 30,946 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 7,728 SF |
| Property Subtype | Apartment | Lot Size | 0.20 AC |
| Building Class | C |
| Total Building Size | 30,946 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 7,728 SF |
| Lot Size | 0.20 AC |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Kitchen
Site Amenities
- Courtyard
1 Unit Available
| Unit Size | 1,399 SF | Sale Type | Owner User |
| Condo Use | Retail | APN/Parcel ID | CP/SP71224 |
| Unit Size | 1,399 SF |
| Condo Use | Retail |
| Sale Type | Owner User |
| APN/Parcel ID | CP/SP71224 |
Description
This 130sqm retail unit is part of a four-story mixed-use building featuring multifamily apartments above and ground-floor retail spaces. Positioned on Shepherd Street, this city fringe location offers strong connectivity to major universities, cultural hubs, and Broadway Shopping Centre. The building integrates residential living with street-level retail, creating a built-in customer base and vibrant neighborhood synergy.
Ownership includes access to shared building amenities and is subject to quarterly outgoings, which include Council Rates of $240.00, Water Rates of $180.00, and Strata Fees of $1,936.70. These costs support the maintenance of common areas and building services, ensuring a well-managed and secure environment for both residents and retail operators.
Sale Notes
This offering presents a rare opportunity to acquire a ground-floor retail space in one of Sydney’s most dynamic urban neighborhoods. Located in the heart of Chippendale, the property sits within a high-density residential and student accommodation precinct, ensuring consistent foot traffic and strong local demand. Its proximity to Broadway Shopping Centre, UTS, and the University of Notre Dame enhances its appeal to a wide range of retail and service operators.
The premises comprise approximately 130 sqm of internal space, previously home to a well-known Asian supermarket, making it ideal for grocery, specialty retail, or food and beverage concepts. The property includes an internal bathroom and a secure underground parking space, providing convenience for both staff and customers. With excellent connectivity to public transport and a thriving local community, this asset offers significant potential for investors or owner-occupiers seeking a well-positioned retail property in a growth corridor.
Interior retail space
Interior retail space
Toilet and storage
Storage space
Storage space
Presented by
1 Shepherd St
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