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Highlights

  • Positioned in the heart of Haymarket
  • Close to light rail, Central Station, and major CBD amenities.
  • Previously operated as a renowned restaurant for many years.
  • Strong pedestrian and vehicle traffic.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Lower Level
  • 5,457 SF
  • Negotiable
  • $42.30 CAD/SF/YR $3.53 CAD/SF/MO $230,859 CAD/YR $19,238 CAD/MO
  • TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

This lower ground retail space presents a rare opportunity to secure a highly prominent position in the heart of Haymarket, one of Sydney’s most vibrant commercial and dining precincts. Previously home to a renowned restaurant for many years, the property offers a flexible open-plan layout suitable for a variety of uses, including hospitality, retail, or specialty services. The tenancy spans approximately 507 m², incorporating a generous internal shop area, a front yard space ideal for outdoor activation, and a shared area with the Royal Palace Restaurant. Its open-plan configuration allows for adaptable fit-out options to suit operational requirements. Located in a high-traffic zone with excellent pedestrian visibility, the property benefits from proximity to major transport links, including light rail and Central Station, as well as surrounding retail, dining, and entertainment destinations. Available immediately, this is an exceptional opportunity for operators seeking a flagship location in Sydney’s CBD fringe.

  • Fully Built-Out as Standard Retail Space
  • Common Parts WC Facilities
  • Yard
Space Size Term Rental Rate Rent Type
Lower Level 5,457 SF Negotiable $42.30 CAD/SF/YR $3.53 CAD/SF/MO $230,859 CAD/YR $19,238 CAD/MO TBD

Lower Level

Size
5,457 SF
Term
Negotiable
Rental Rate
$42.30 CAD/SF/YR $3.53 CAD/SF/MO $230,859 CAD/YR $19,238 CAD/MO
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

This lower ground retail space presents a rare opportunity to secure a highly prominent position in the heart of Haymarket, one of Sydney’s most vibrant commercial and dining precincts. Previously home to a renowned restaurant for many years, the property offers a flexible open-plan layout suitable for a variety of uses, including hospitality, retail, or specialty services. The tenancy spans approximately 507 m², incorporating a generous internal shop area, a front yard space ideal for outdoor activation, and a shared area with the Royal Palace Restaurant. Its open-plan configuration allows for adaptable fit-out options to suit operational requirements. Located in a high-traffic zone with excellent pedestrian visibility, the property benefits from proximity to major transport links, including light rail and Central Station, as well as surrounding retail, dining, and entertainment destinations. Available immediately, this is an exceptional opportunity for operators seeking a flagship location in Sydney’s CBD fringe.

  • Fully Built-Out as Standard Retail Space
  • Common Parts WC Facilities
  • Yard

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 5,457 SF
Property Type Retail
Gross Leasable Area 26,242 SF

About the Property

393-399 building is located on Sussex Street in Haymarket, NSW, a bustling precinct known for its diverse dining, retail, and entertainment offerings. The area benefits from high pedestrian volumes, excellent public transport connectivity via light rail and train stations, and proximity to Chinatown and Darling Harbour. Surrounding businesses include restaurants, specialty retailers, and service providers, creating a dynamic commercial environment.

  • Restaurant
  • Signage
  • Storage Space

Nearby Major Retailers

Starbucks
Barry's
Crossfit
World Gym
Snap Fitness
Northern Trust
Bank Of America_office
  • Listing ID: 39733184

  • Date on Market: 2026-03-11

  • Last Updated:

  • Address: 393-399 Sussex St, Haymarket, NSW 2000

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