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245-249 Abercrombie St 581 SF Retail Condo Unit in Darlington Sydney, NSW 2008
Investment Highlights
- Prominent corner position with direct shopfront exposure at Abercrombie and Lawson Streets, maximizing visibility to continuous pedestrian flows
- High pedestrian activity along the area’s main thoroughfare connecting Redfern Station and Darlington’s core amenities
- Securely leased to national retailer TSG, supporting income durability and tenant covenant strength
- Walkable access to Redfern Station, University of Sydney, and Carriageworks, capturing diverse daily demand drivers
Property Facts
| Total Building Size | 7,944 SF | Floors | 3 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 2,648 SF |
| Property Subtype | Apartment | Lot Size | 0.06 AC |
| Building Class | C |
| Total Building Size | 7,944 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 2,648 SF |
| Lot Size | 0.06 AC |
1 Unit Available
Unit 7
| Unit Size | 581 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 581 SF |
| Condo Use | Retail |
| Sale Type | Investment |
Description
The location benefits from immediate proximity to Redfern Station, the University of Sydney, and Carriageworks, drawing a mix of students, commuters, and destination visitors throughout the day and evening. This diversified catchment supports resilient trade and helps underpin long-term rental performance. For investors seeking a low-maintenance, bite-sized retail holding with strong fundamentals, this asset pairs dependable covenant strength with prominent exposure and walkable connectivity to major institutional anchors.
Sale Notes
Positioned at the signalized intersection of Abercrombie Street and Lawson Street, this tenanted retail investment sits on the key pedestrian spine linking Redfern Station to the heart of Darlington and the University of Sydney. Daily footfall along Abercrombie Street is reported between 20,000 to 30,000 pedestrians, delivering exceptional exposure and consistent customer flow. The shopfront enjoys direct street presence at the corner, enhancing brand visibility and providing a clear merchandising opportunity for the in-place tenant.
Shop 7 is securely leased to TSG, a national tobacconist brand with a network exceeding 500 stores, offering purchasers income stability backed by a recognized operator. The current passing income is approximately $41,883 per annum net plus GST, with the property offered via an Expressions of Interest campaign that underscores competitive buyer engagement in one of Sydney’s most active city-fringe retail corridors.
Interior Photo
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245-249 Abercrombie St
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