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Highlights

  • Located in a thriving Eastern Suburbs community near schools and residential areas
  • Two lock-up garages with additional onsite parking for convenience
  • Prominent corner position with excellent exposure and strong local foot traffic
  • Fully fitted with grease trap, cool room, and rangehood for commercial kitchen use

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground
  • 1,453 SF
  • Negotiable
  • $68.84 CAD/SF/YR $5.74 CAD/SF/MO $100,040 CAD/YR $8,337 CAD/MO
  • TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

This prime commercial property presents a rare opportunity in the heart of Waverley, one of Sydney’s most desirable Eastern Suburbs locations. Positioned on a prominent corner, the site offers excellent visibility and steady local foot traffic, making it ideal for food-related businesses seeking a high-exposure setting. The premises is fully equipped for immediate use as a commercial kitchen or restaurant, featuring a grease trap, cool room, and rangehood. Two lock-up garages provide valuable space for storage or delivery operations and include two onsite parking spaces for added convenience. These features significantly reduce setup time and costs, allowing operators to commence business quickly and efficiently. Surrounded by schools and a strong residential catchment, the location offers a consistent customer base and strong community engagement. With a successful business operating on-site for the past eight years, this property provides a proven platform for continued success.

  • Partially Built-Out as a Restaurant or Café Space
  • Secure Storage
  • Equipped with grease trap and cool room
  • Two lock-up garages ideal for storage
  • Located in a thriving Eastern Suburbs
  • Corner exposure and strong local foot traffic
  • Proven site with last successful 8-year business
Space Size Term Rental Rate Rent Type
Ground 1,453 SF Negotiable $68.84 CAD/SF/YR $5.74 CAD/SF/MO $100,040 CAD/YR $8,337 CAD/MO TBD

Ground

Size
1,453 SF
Term
Negotiable
Rental Rate
$68.84 CAD/SF/YR $5.74 CAD/SF/MO $100,040 CAD/YR $8,337 CAD/MO
Rent Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

This prime commercial property presents a rare opportunity in the heart of Waverley, one of Sydney’s most desirable Eastern Suburbs locations. Positioned on a prominent corner, the site offers excellent visibility and steady local foot traffic, making it ideal for food-related businesses seeking a high-exposure setting. The premises is fully equipped for immediate use as a commercial kitchen or restaurant, featuring a grease trap, cool room, and rangehood. Two lock-up garages provide valuable space for storage or delivery operations and include two onsite parking spaces for added convenience. These features significantly reduce setup time and costs, allowing operators to commence business quickly and efficiently. Surrounded by schools and a strong residential catchment, the location offers a consistent customer base and strong community engagement. With a successful business operating on-site for the past eight years, this property provides a proven platform for continued success.

  • Partially Built-Out as a Restaurant or Café Space
  • Secure Storage
  • Equipped with grease trap and cool room
  • Two lock-up garages ideal for storage
  • Located in a thriving Eastern Suburbs
  • Corner exposure and strong local foot traffic
  • Proven site with last successful 8-year business

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 1,453 SF
Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 2,002 SF
Parking Ratio 1/1,000 SF

About the Property

The building is a well-maintained commercial property designed to accommodate retail and hospitality operations. Featuring a prominent corner position, it offers excellent street visibility and easy accessibility for both pedestrians and vehicles. The structure includes a dedicated commercial kitchen setup with essential infrastructure such as a grease trap, cool room, and rangehood, making it ideal for food-service businesses. Additional amenities include two secure lock-up garages that can serve as storage or delivery bays, along with two onsite parking spaces for staff or customers. The property’s layout supports efficient operations while maximizing exposure in a high-demand Eastern Suburbs location.

  • Restaurant
  • Storage Space
  • Listing ID: 39540444

  • Date on Market: 2026-02-23

  • Last Updated:

  • Address: 24 Arden St, Waverley, NSW 2024

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