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100 Tennyson Rd 2,045 SF Retail Condo Unit Offered at $932,849 CAD in Mortlake, NSW 2137
Investment Highlights
- Prime location: Mortlake waterfront precinct, high-density residential catchment, and strong local demographics.
- Inclusions: 2 secure garage car spaces plus private storage for operational efficiency.
- Growth outlook: Significant surrounding development driving long-term value uplift.
Executive Summary
This asset consists of a ground-level retail lot configured for restaurant/hospitality use, complete with commercial kitchen and contemporary interiors. Positioned within a mixed-use building in Mortlake’s premium foreshore community, it delivers a robust yield profile coupled with strong locational fundamentals appealing to investors seeking stability and growth.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Cap Rate | 8.00% | APN/Parcel ID | CP/SP89866 |
| Sale Type | Investment |
| Cap Rate | 8.00% |
| No. Parking Spaces | 2 |
| APN/Parcel ID | CP/SP89866 |
Description
This asset consists of a ground-level retail lot configured for restaurant/hospitality use, complete with commercial kitchen and contemporary interiors. Positioned within a mixed-use building in Mortlake’s premium foreshore community, it delivers a robust yield profile coupled with strong locational fundamentals appealing to investors seeking stability and growth.
Benefiting from a four-year lease to a proven operator, returning $78,000 per annum gross, the property offers peace of mind with quality rental security in a tightly held waterfront precinct. Included in the offering are two secure basement car parks and private storage, adding convenience and value for occupants.
Benefiting from a four-year lease to a proven operator, returning $78,000 per annum gross, the property offers peace of mind with quality rental security in a tightly held waterfront precinct. Included in the offering are two secure basement car parks and private storage, adding convenience and value for occupants.
Sale Notes
An exceptionally rare opportunity to secure a prime waterside hospitality investment in one of Sydney’s most desirable lifestyle locations. This high-performing restaurant asset, immaculately presented with a premium-quality fit-out, offers a strong, dependable income stream and long-term capital growth potential.
Benefiting from a four-year lease to a proven operator, returning $78,000 per annum gross, the property offers peace of mind with quality rental security in a tightly held waterfront precinct. Included in the offering are two secure basement car parks and private storage, adding convenience and value for occupants.
Strategically located steps from Sydney Harbour’s foreshore, the property is surrounded by prestigious residential developments, boutique retail, and thriving dining destinations. Strong foot traffic, ample on-street parking, and excellent accessibility position this investment as a blue-chip, set-and-forget opportunity in a rapidly growing urban pocket.
Benefiting from a four-year lease to a proven operator, returning $78,000 per annum gross, the property offers peace of mind with quality rental security in a tightly held waterfront precinct. Included in the offering are two secure basement car parks and private storage, adding convenience and value for occupants.
Strategically located steps from Sydney Harbour’s foreshore, the property is surrounded by prestigious residential developments, boutique retail, and thriving dining destinations. Strong foot traffic, ample on-street parking, and excellent accessibility position this investment as a blue-chip, set-and-forget opportunity in a rapidly growing urban pocket.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Unit 2 | 2,045 SF | Retail | $932,849 CAD ($456.16 CAD/SF) | $74,627.91 CAD |
Unit Unit 2
| Unit Size |
| 2,045 SF |
| Condo Use |
| Retail |
| Price |
| $932,849 CAD ($456.16 CAD/SF) |
| NOI |
| $74,627.91 CAD |
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Unit Unit 2
| Unit Size | 2,045 SF |
| Condo Use | Retail |
| Price | $932,849 CAD ($456.16 CAD/SF) |
| NOI | $74,627.91 CAD |
| Sale Type | Investment |
| Cap Rate | 8.00% |
| No. Parking Spaces | 2 |
| APN/Parcel ID | CP/SP89866 |
| Description | |
| This asset consists of a ground-level retail lot configured for restaurant/hospitality use, complete with commercial kitchen and contemporary interiors. Positioned within a mixed-use building in Mortlake’s premium foreshore community, it delivers a robust yield profile coupled with strong locational fundamentals appealing to investors seeking stability and growth.<br> Benefiting from a four-year lease to a proven operator, returning $78,000 per annum gross, the property offers peace of mind with quality rental security in a tightly held waterfront precinct. Included in the offering are two secure basement car parks and private storage, adding convenience and value for occupants.</li></ul> | |
| Sale Notes | |
| An exceptionally rare opportunity to secure a prime waterside hospitality investment in one of Sydney’s most desirable lifestyle locations. This high-performing restaurant asset, immaculately presented with a premium-quality fit-out, offers a strong, dependable income stream and long-term capital growth potential.<br> Benefiting from a four-year lease to a proven operator, returning $78,000 per annum gross, the property offers peace of mind with quality rental security in a tightly held waterfront precinct. Included in the offering are two secure basement car parks and private storage, adding convenience and value for occupants.<br> Strategically located steps from Sydney Harbour’s foreshore, the property is surrounded by prestigious residential developments, boutique retail, and thriving dining destinations. Strong foot traffic, ample on-street parking, and excellent accessibility position this investment as a blue-chip, set-and-forget opportunity in a rapidly growing urban pocket.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 47,609 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 11,894 SF |
| Property Subtype | Apartment | Lot Size | 0.64 AC |
| Building Class | C | Parking Ratio | 0.04/1,000 SF |
| Total Building Size | 47,609 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 11,894 SF |
| Lot Size | 0.64 AC |
| Parking Ratio | 0.04/1,000 SF |
Contacts
-
Shahe Terzian -
Sezer Yunus -
White House Estate Agents
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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100 Tennyson Rd
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