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Investment Highlights

  • Located in the heart of Leichhardt’s Norton Street, a premier Inner West dining and retail destination.
  • Just minutes from Sydney CBD with easy access via Parramatta Road and City West Link.
  • Excellent public transit connectivity with nearby light rail stations and multiple bus routes.
  • Part of the Italian Forum, a cultural landmark attracting consistent foot traffic from locals and visitors.
  • Surrounded by vibrant amenities including boutique cafes, restaurants, supermarkets, and entertainment venues.
  • High-density residential catchment and strong day/night trade from surrounding suburbs.

Executive Summary

The subject property at 23 Norton Street is part of the Italian Forum complex, completed in the late 1990s in Leichhardt’s retail and cultural district. The property comprises six strata lots with a combined ground-floor retail area of approximately 773 square meters and includes on-site parking. Positioned along Norton Street near Parramatta Road, the site is easily accessible by light rail, bus networks, and major thoroughfares, and is located a short distance from Sydney’s central business district. The surrounding area features mixed-use development, residential density, educational institutions, and recreational facilities.

5 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 30
  • 1,991 SF
  • Retail
  • Upon Request
  • -
Sale Type Investment or Owner User
Description
Positioned within the vibrant Italian Forum, this space offers approximately 185 square meters of ground-level retail space ideally suited for hospitality, dining, or specialty retail. Existing fit-outs and infrastructure for food and beverage operations, including a liquor license, enhance its operational readiness.
Sale Notes
Located along thriving Norton Street, the property provides convenient access to public transport, including light rail and multiple bus lines, and sits minutes from Sydney’s CBD. Parking availability and pedestrian traffic from surrounding restaurants, schools, and parks add to its long-term appeal.
  • Unit 32
  • 645 SF
  • Retail
  • Upon Request
  • -
Sale Type Investment or Owner User
Description
Shop 32 is a versatile retail unit of approximately 60 square meters in the Italian Forum complex. With a strategic Inner West location and strong foot traffic, it is an excellent choice for boutique retailers or operators seeking a compact hospitality presence. On-site parking and connectivity to Sydney CBD enhance convenience.
Sale Notes
Located along thriving Norton Street, the property provides convenient access to public transport, including light rail and multiple bus lines, and sits minutes from Sydney’s CBD. Parking availability and pedestrian traffic from surrounding restaurants, schools, and parks add to its long-term appeal.
  • Unit 33
  • 2,873 SF
  • Retail
  • Upon Request
  • -
Sale Type Investment or Owner User
Description
Offering 267 square meters, Shop 33 presents one of the larger floor plates in the Forum precinct, ideal for operators requiring generous open-plan space or reconfigurable layouts for large-scale dining concepts. Infrastructure for food and beverage operations is highlighted, along with liquor license provision.
Sale Notes
Located along thriving Norton Street, the property provides convenient access to public transport, including light rail and multiple bus lines, and sits minutes from Sydney’s CBD. Parking availability and pedestrian traffic from surrounding restaurants, schools, and parks add to its long-term appeal.
  • Unit 34
  • 1,054 SF
  • Retail
  • Upon Request
  • -
Sale Type Investment or Owner User
Description
Shop 34 provides nearly 100 square meters of retail or hospitality space with full integration into the Italian Forum’s pedestrian-oriented design. Its adaptable layout is suited for boutique operators seeking visibility within a recognized Inner West dining destination.
Sale Notes
Located along thriving Norton Street, the property provides convenient access to public transport, including light rail and multiple bus lines, and sits minutes from Sydney’s CBD. Parking availability and pedestrian traffic from surrounding restaurants, schools, and parks add to its long-term appeal.
  • Unit 39
  • 1,033 SF
  • Retail
  • Upon Request
  • -
Sale Type Investment or Owner User
Description
At approximately 67 square meters, Shop 39 combines compact convenience with prime location advantages. Positioned near active dining strips and key Forum attractions, the tenancy is perfect for small-scale operators aiming to leverage the precinct’s customer base.
Sale Notes
Located along thriving Norton Street, the property provides convenient access to public transport, including light rail and multiple bus lines, and sits minutes from Sydney’s CBD. Parking availability and pedestrian traffic from surrounding restaurants, schools, and parks add to its long-term appeal.
Unit Unit Size Condo Use Price NOI
Unit 30 1,991 SF Retail Upon Request -
Unit 32 645 SF Retail Upon Request -
Unit 33 2,873 SF Retail Upon Request -
Unit 34 1,054 SF Retail Upon Request -
Unit 39 1,033 SF Retail Upon Request -

Unit 30

Unit Size
1,991 SF
Condo Use
Retail
Price
Upon Request
NOI
-

Unit 32

Unit Size
645 SF
Condo Use
Retail
Price
Upon Request
NOI
-

Unit 33

Unit Size
2,873 SF
Condo Use
Retail
Price
Upon Request
NOI
-

Unit 34

Unit Size
1,054 SF
Condo Use
Retail
Price
Upon Request
NOI
-

Unit 39

Unit Size
1,033 SF
Condo Use
Retail
Price
Upon Request
NOI
-

Unit 30

Unit Size 1,991 SF
Condo Use Retail
Price Upon Request
NOI -
Sale Type Investment or Owner User
Description
Positioned within the vibrant Italian Forum, this space offers approximately 185 square meters of ground-level retail space ideally suited for hospitality, dining, or specialty retail. Existing fit-outs and infrastructure for food and beverage operations, including a liquor license, enhance its operational readiness.</li></ul>
Sale Notes
Located along thriving Norton Street, the property provides convenient access to public transport, including light rail and multiple bus lines, and sits minutes from Sydney’s CBD. Parking availability and pedestrian traffic from surrounding restaurants, schools, and parks add to its long-term appeal.</li></ul>

Unit 32

Unit Size 645 SF
Condo Use Retail
Price Upon Request
NOI -
Sale Type Investment or Owner User
Description
Shop 32 is a versatile retail unit of approximately 60 square meters in the Italian Forum complex. With a strategic Inner West location and strong foot traffic, it is an excellent choice for boutique retailers or operators seeking a compact hospitality presence. On-site parking and connectivity to Sydney CBD enhance convenience.</li></ul>
Sale Notes
Located along thriving Norton Street, the property provides convenient access to public transport, including light rail and multiple bus lines, and sits minutes from Sydney’s CBD. Parking availability and pedestrian traffic from surrounding restaurants, schools, and parks add to its long-term appeal.</li></ul>

Unit 33

Unit Size 2,873 SF
Condo Use Retail
Price Upon Request
NOI -
Sale Type Investment or Owner User
Description
Offering 267 square meters, Shop 33 presents one of the larger floor plates in the Forum precinct, ideal for operators requiring generous open-plan space or reconfigurable layouts for large-scale dining concepts. Infrastructure for food and beverage operations is highlighted, along with liquor license provision.</li></ul>
Sale Notes
Located along thriving Norton Street, the property provides convenient access to public transport, including light rail and multiple bus lines, and sits minutes from Sydney’s CBD. Parking availability and pedestrian traffic from surrounding restaurants, schools, and parks add to its long-term appeal.</li></ul>

Unit 34

Unit Size 1,054 SF
Condo Use Retail
Price Upon Request
NOI -
Sale Type Investment or Owner User
Description
Shop 34 provides nearly 100 square meters of retail or hospitality space with full integration into the Italian Forum’s pedestrian-oriented design. Its adaptable layout is suited for boutique operators seeking visibility within a recognized Inner West dining destination.</li></ul>
Sale Notes
Located along thriving Norton Street, the property provides convenient access to public transport, including light rail and multiple bus lines, and sits minutes from Sydney’s CBD. Parking availability and pedestrian traffic from surrounding restaurants, schools, and parks add to its long-term appeal.</li></ul>

Unit 39

Unit Size 1,033 SF
Condo Use Retail
Price Upon Request
NOI -
Sale Type Investment or Owner User
Description
At approximately 67 square meters, Shop 39 combines compact convenience with prime location advantages. Positioned near active dining strips and key Forum attractions, the tenancy is perfect for small-scale operators aiming to leverage the precinct’s customer base.</li></ul>
Sale Notes
Located along thriving Norton Street, the property provides convenient access to public transport, including light rail and multiple bus lines, and sits minutes from Sydney’s CBD. Parking availability and pedestrian traffic from surrounding restaurants, schools, and parks add to its long-term appeal.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 175,280 SF
Property Type Multifamily
Property Subtype Apartment
Building Class B
Floors 6
Typical Floor Size 16,576 SF
Year Built 1999
Lot Size 0.24 AC
Parking Ratio 0.01/1,000 SF

Amenities

Site Amenities

  • Courtyard
  • On-Site Retail
  • Listing ID: 40396998

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 23 Norton St, Leichhardt, NSW 2040

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