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220 Coward St 1,194 SF Retail Condo Unit in Mascot, NSW 2020
Investment Highlights
- Surrounded by high-density residential, hotels, and essential services.
- Full glass frontage with strong street exposure and established foot traffic.
- Proven low tenant turnover and strong replacement demand in this location.
Executive Summary
Positioned along Coward Street, Mascot’s busiest and most established commercial corridor, the property benefits from continuous foot and vehicle flow generated by surrounding high-density apartments, hotel accommodation, corporate offices, and commuter networks. This activity creates an all-weather, all-season customer base — ensuring consistent engagement and resilient trade performance. Underpinned by a secure lease with built-in annual rental uplifts, the asset offers stable income growth and long-term investment certainty. The E1 Local Centre zoning further enhances future flexibility, accommodating a wide variety of potential uses and safeguarding the property’s relevance as Mascot continues to expand.
Property Facts
| Total Building Size | 139,191 SF | Floors | 12 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 893 SF |
| Property Subtype | Apartment | Lot Size | 0.70 AC |
| Building Class | B |
| Total Building Size | 139,191 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 12 |
| Typical Floor Size | 893 SF |
| Lot Size | 0.70 AC |
1 Unit Available
Unit Shop 3
| Unit Size | 1,194 SF | Sale Type | Investment |
| Condo Use | Retail | APN/Parcel ID | CP/SP84886 |
| Unit Size | 1,194 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| APN/Parcel ID | CP/SP84886 |
Description
Positioned on the ground floor of one of Mascot’s most established mixed-use corridors, this retail asset offers the same stability, predictability, and lifestyle advantages that attract buyers to high-quality residential strata but with superior rental certainty and stronger long-term income performance. The property offers a wide glass frontage, direct street engagement, and excellent natural visibility — similar to the premium positioning of a ground-floor courtyard apartment. 4% fixed annual increases — predictable, compounding income.
Sale Notes
Suite 129 (Shop 3), 220 Coward Street presents a rare opportunity to acquire a premium ground-floor retail investment in the heart of Mascot’s most established commercial precinct. Positioned along Coward Street—Mascot’s primary trade spine—this property benefits from exceptional exposure and a high-activity environment driven by a stable mix of residential, corporate, hospitality, and transient populations.
The asset features a full glass street frontage, a functional internal consulting layout with reception and amenities, and the rare inclusion of three on-title car spaces plus storage, significantly enhancing its long-term value. Zoned E1 Local Centre, the property offers a highly flexible future-use matrix, ensuring adaptability for a wide range of commercial and allied health operators.
With a secure lease in place, annual rent uplifts of 4%, and historically low tenant turnover in this tightly held corridor, this property delivers consistent and predictable returns—ideal for long-term investors and SMSF purchasers.
Located just minutes from Mascot Station and Sydney Airport, and surrounded by high-density apartments, serviced accommodation, and essential services, this is a blue-chip investment in a proven, high-demand location.
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220 Coward St
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