17 Erskineville Rd 1,184 - 2,572 SF Retail Condo Units in NEWTOWN, NSW 2042

The property is a leased retail asset located in Newtown, positioned close to King Street and within walking distance to both Erskineville and Newtown stations. It is adjacent to Woolworths Metro and situated in a mixed-use urban environment. The property includes one on-site car space and forms part of a low-maintenance block with limited associated costs. There is an established tenant under a long-term lease agreement.

This is a compelling opportunity to acquire a fully leased retail investment in the bustling inner-city suburb of Newtown. The property is secured by a brand new 5×5 year lease to Toni & Guy, a nationally recognized hair salon brand, providing exceptional income stability. The tenancy generates approximately $83,200 per annum plus GST, offering investors a reliable return with minimal owner responsibilities.

Positioned only 200 meters from vibrant King Street and within walking distance to Erskineville and Newtown train stations, this location benefits from strong foot traffic and excellent connectivity. The property sits adjacent to Woolworths Metro, further enhancing its daily trade catchment and exposure. Low outgoings and placement within a low-maintenance block further highlight the property’s investment appeal. This is a rare chance to secure long-term income in a high-demand inner Sydney market supported by established retail activity and sustainable consumer demand.

The asset comprises two ground-floor retail shops configured for medical/consulting use, totaling 239 sqm, located on Erskineville Road in Newtown. It is adjacent to a national grocery operator and surrounded by mixed-use development including retail, dining, and high-density residential dwellings. The property is accessible by public transport with nearby rail stations and arterial connections.

This offering presents an exceptional opportunity to acquire a fully leased medical and retail asset in the vibrant heart of Newtown. The property consists of two individual shops, totalling 239 sqm, to be sold in one line. Both premises are secured under long-term leases by reputable healthcare operators, Erskineville Doctors and Healthspace Clinics, providing investors with income stability and minimal management responsibilities. The current combined rental income is approximately $200,000 per annum plus GST, supported by low outgoing expenses, making it an attractive proposition for passive investors seeking reliable returns.

Positioned adjacent to Woolworths Metro, the property benefits from strong pedestrian traffic and high visibility along Erskineville Road—a key thoroughfare connecting the Inner West precincts. Surrounding infrastructure includes established retail amenities, dense residential catchments, and convenient transport links via Erskineville and Newtown railway stations. This location continues to experience consistent population growth and urban renewal, reinforcing long-term tenant demand for medical and essential services. Investors will appreciate the property’s combination of secure cash flow and enduring location fundamentals in one of Sydney’s most desirable inner-city suburbs.