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Investment Highlights

  • Freehold two-level mixed-use building
  • Rear lane with garage and 3 car spaces
  • Prominent 5.19 m street frontage position
  • Flexible tenancy or split-use capability

Executive Summary

This is a rare Lower North Shore opportunity to acquire a freehold mixed-use property with future uplift potential in a high-exposure location. Configured for flexible leasing or occupation strategies, the property suits investors seeking diversified income or owner-occupiers aiming to secure a prominent street position. Its adjacency to an incoming veterinary clinic enhances long-term foot traffic, making it highly attractive for medical, allied health, boutique retail, or specialty services. E1 zoning supports long-term adaptability and redevelopment potential with favorable planning metrics, offering significant capital growth prospects.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,029 SF
Building Class
C
Percent Leased
73%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.59
Lot Size
0.10 AC
Frontage
51’ on Penshurst Street

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 980 SF
  • Retail
  • In-Line
  • Now

The building allows for multiple occupation formats: the entire building for a single user, or split configuration for ground-floor retail (91 m²) and first-floor office or showroom (84 m²). Rear access via George Brain Lane provides practical loading and service entry. With three on-site car spaces and a lock-up garage, the property offers logistics efficiency and operational convenience.

  • 1st Floor
  • 904 SF
  • Retail
  • In-Line
  • Now

The building allows for multiple occupation formats: the entire building for a single user, or split configuration for ground-floor retail (91 m²) and first-floor office or showroom (84 m²). Rear access via George Brain Lane provides practical loading and service entry. With three on-site car spaces and a lock-up garage, the property offers logistics efficiency and operational convenience.

Space Size Space Use Position Available
Ground 980 SF Retail In-Line Now
1st Floor 904 SF Retail In-Line Now

Ground

Size
980 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size
904 SF
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 980 SF
Space Use Retail
Position In-Line
Available Now

The building allows for multiple occupation formats: the entire building for a single user, or split configuration for ground-floor retail (91 m²) and first-floor office or showroom (84 m²). Rear access via George Brain Lane provides practical loading and service entry. With three on-site car spaces and a lock-up garage, the property offers logistics efficiency and operational convenience.

1st Floor

Size 904 SF
Space Use Retail
Position In-Line
Available Now

The building allows for multiple occupation formats: the entire building for a single user, or split configuration for ground-floor retail (91 m²) and first-floor office or showroom (84 m²). Rear access via George Brain Lane provides practical loading and service entry. With three on-site car spaces and a lock-up garage, the property offers logistics efficiency and operational convenience.

Nearby Major Retailers

Anytime Fitness
Woolworths
Meet Fresh
Starbucks
Nespresso
Coles
Jenny Craig
F45 Training, Inc.
HSBC BANK PLC
My Gym
  • Listing ID: 40686382

  • Date on Market: 2026-05-28

  • Last Updated:

  • Address: 337 Penshurst St, North Willoughby, NSW 2068

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