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2 Elizabeth Bay Rd - Gazebo Twr 3,616 SF Retail Condo Unit in Elizabeth Bay, NSW 2011



Investment Highlights
- Prime location in the heart of Potts Point, one of Sydney’s most vibrant inner-city precincts.
- Close proximity to Kings Cross Train Station and major public transport links.
- Rare opportunity to secure a property in a tightly held and high-demand market.
- High-profile position with excellent exposure to pedestrian and vehicle traffic.
- Less than 2 km from Sydney CBD, ensuring strong connectivity and demand.
Executive Summary
2 Elizabeth Bay Road is a landmark mixed-use property located in the heart of Potts Point, one of Sydney’s most vibrant and densely populated inner-city suburbs. The property occupies a prime position near the intersection of major local thoroughfares, offering exceptional visibility and accessibility. Potts Point is renowned for its cosmopolitan lifestyle, featuring a dynamic mix of residential apartments, boutique retail, fine dining, and entertainment venues. The property benefits from its proximity to Kings Cross Train Station, major bus routes, and easy access to Sydney CBD, which is less than 2 km away. The surrounding area is characterized by strong population density, high pedestrian traffic, and a thriving hospitality and retail scene, making it a highly desirable location for businesses and investors. This property is ideally suited for retail, hospitality, or mixed-use purposes (STCA), offering long-term growth potential in a tightly held market.
Property Facts
| Total Building Size | 74,755 SF | Floors | 17 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,306 SF |
| Property Subtype | Apartment | Year Built | 1968 |
| Building Class | C | Lot Size | 0.72 AC |
| Total Building Size | 74,755 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 17 |
| Typical Floor Size | 4,306 SF |
| Year Built | 1968 |
| Lot Size | 0.72 AC |
1 Unit Available
| Unit Size | 3,616 SF | Sale Type | Investment or Owner User |
| Condo Use | Retail |
| Unit Size | 3,616 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Description
This property represents a rare opportunity to secure a piece of Sydney’s hospitality history in the heart of Potts Point. Spanning 336 sqm on title, the venue is part of a well-maintained strata complex and is fully fitted for food and beverage operations. The space includes a complete bar and kitchen setup with cool room, grease trap, exhaust system, air-conditioning, and male/female toilets, ensuring a turnkey solution for hospitality operators.
The property is licensed under a PSA (Primary Service Authorisation) for trading Monday to Sunday from 7:00 am to 12:00 am and is approved for 192 patrons across indoor and outdoor areas. The layout offers two distinct spaces: a stylish indoor dining and bar area and a relaxed outdoor garden setting, creating a versatile environment for a range of hospitality concepts.
Located in one of Sydney’s most vibrant inner-city precincts, the property benefits from strong foot traffic, high-density residential surroundings, and proximity to Kings Cross Station and Sydney CBD
Sale Notes
An iconic Sydney hospitality venue is now available for sale – Gazebo Wine Garden, a landmark destination in Potts Point since the 1960s. This 336 sqm strata property offers a fully operational and fitted venue, complete with bar, kitchen, cool room, grease trap, exhaust, air-conditioning, and storage facilities.
The property holds a PSA licence permitting trade from 7:00 am to 12:00 am, seven days a week, and is approved for 192 patrons across indoor and outdoor spaces. Its clever configuration provides a chic indoor setting and a lush outdoor garden area, making it a versatile and highly desirable hospitality asset.
Offered as vacant possession or with the existing tenant in place, this property presents an outstanding opportunity for hospitality operators, investors, or developers seeking a prime asset in one of Sydney’s most tightly held and dynamic locations.
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2 Elizabeth Bay Rd - Gazebo Twr
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