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Investment Highlights

  • Freehold property with a new 6 + 6 year lease to an established restaurant tenant.
  • Land area of 354 sqm and building area of approximately 200 sqm.
  • Fully equipped commercial kitchen with exhaust, gas, grease trap, and cool room.
  • Secure income stream with CPI annual increases and market review at option.
  • Wide 11m street frontage with excellent exposure in Mortdale’s commercial hub.
  • Multiple dining zones including indoor, alfresco, and function spaces.

Executive Summary

An exceptional opportunity to acquire a freehold retail property in the heart of Mortdale’s thriving commercial district. This 354 sqm landholding with a 200 sqm building footprint is tenanted by Firehouse Grill, a well-established family-run restaurant operating since 2012. The property is secured by a new 6 + 6 year lease commencing November 2024, providing a strong and stable income stream with future development potential (STCA).
The property enjoys a prime location just 2 minutes’ walk from Mortdale Railway Station, ensuring high foot traffic and excellent accessibility. Surrounded by a mix of national retailers, cafés, and essential services such as Chemist Warehouse, Subway, CBA, and IGA, the area continues to experience growth through new commercial and residential developments.
Firehouse Grill is a popular dining destination offering modern Australian cuisine with a Mediterranean twist, accommodating approximately 120 guests across indoor, alfresco, and function spaces. The property features a wide 11m street frontage, front covered outdoor dining, a spacious internal dining area, a dedicated function room, and a rear covered lounge. It is fully equipped with a commercial kitchen including exhaust, gas, grease trap, and cool room, plus a storeroom and drinks bar.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,196 SF
Building Class
C
Percent Leased
100%
Building Height
1 Story
Building FAR
0.51
Lot Size
0.10 AC
Frontage
35’ on Pitt Street

Amenities

  • Courtyard
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
  • Listing ID: 39927406

  • Date on Market: 2026-03-27

  • Last Updated:

  • Address: 26 Pitt St, Mortdale, NSW 2223

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