2 Kellett St 10,032 SF 100% Leased Retail Building Potts Point, NSW 2011 For Sale

This rare four-level freehold property offers a fully leased investment opportunity in the heart of Potts Point, one of Sydney’s most vibrant entertainment and lifestyle precincts. The building spans approximately 932 square meters and benefits from a 3:1 floor space ratio, providing long-term development flexibility. Currently generating an estimated net income of $423,000 per annum, the asset is anchored by two established entertainment tenants: Sussudio Sydney and Harem Gentleman’s Club.
The property includes two valuable late-night on-premises liquor licenses, a feature seldom available in this tightly held market. Positioned with dual street access, the site enjoys exceptional visibility along one of the world’s most recognized entertainment and retail strips. This location is surrounded by a dense residential population, boutique hotels, and a thriving hospitality scene, ensuring consistent foot traffic and strong tenant demand.
With its combination of secure income, high-profile positioning, and future redevelopment potential, this property represents a compelling acquisition for investors seeking exposure to Sydney’s inner-city entertainment hub.