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352 Penshurst St 4,359 SF 100% Leased Retail Building North Willoughby, NSW 2068 For Sale
Investment Highlights
- Four ground-floor retail shops plus three first-floor office suites.
- Long-term redevelopment potential (STCA) within a tightly held Lower North Shore location.
- High-profile corner site with frontages to Penshurst Street and Victoria Avenue.
- Established income base with potential for rental growth.
Executive Summary
Belle Property Commercial North Shore presents 352 Penshurst Street, a rare mixed-use acquisition opportunity delivering both strong income certainty and long-term growth potential. Positioned on the intersection of Penshurst Street and Victoria Avenue, the property commands dual street frontage and high traffic visibility within a tightly held Lower North Shore trade area.
Configured to accommodate four ground-level retail shops coupled with three first-floor office suites, the property delivers a fully leased income profile supported by a diverse tenant mix. This balance of retail and office occupancy underpins operational strength while providing security of cash flow.
Beyond income stability, the strategic location and corner prominence present an attractive platform for future upside, whether through asset repositioning or redevelopment (STCA). Its proximity to neighboring amenities, established residential density, and arterial connectivity enhance both current performance and long-term investment appeal.
With exceptional exposure, tenure diversity, and a proven local market, this property suits investors seeking a solid foothold in one of Sydney’s most enduring commercial submarkets.
Configured to accommodate four ground-level retail shops coupled with three first-floor office suites, the property delivers a fully leased income profile supported by a diverse tenant mix. This balance of retail and office occupancy underpins operational strength while providing security of cash flow.
Beyond income stability, the strategic location and corner prominence present an attractive platform for future upside, whether through asset repositioning or redevelopment (STCA). Its proximity to neighboring amenities, established residential density, and arterial connectivity enhance both current performance and long-term investment appeal.
With exceptional exposure, tenure diversity, and a proven local market, this property suits investors seeking a solid foothold in one of Sydney’s most enduring commercial submarkets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,359 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.61
Lot Size
0.06 AC
Frontage
117’ on Victoria Avenue
Amenities
- Corner Lot
- Signage
- Air Conditioning
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Nearby Major Retailers
Contacts
-
Baxter Van Heyst -
Claude Di Ciano -
Belle Property Commercial North Shore
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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352 Penshurst St
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