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494 Parramatta Rd 1,259 - 2,519 SF of Space Available in Petersham, NSW 2049
Highlights
- Prominent exposure along Parramatta Road near Norton Street.
- Walking distance to Petersham Train Station and close to major bus routes.
- Rear lane access for convenient loading and operational efficiency.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,259 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 1,259 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
Positioned along the high-traffic corridor of Parramatta Road, this ground-floor retail space offers exceptional visibility and branding potential. The property features a full glass frontage, creating a bright and inviting environment ideal for retail, showroom, or customer-facing businesses. Its open-plan configuration provides flexibility for a variety of uses, from specialty retail to service-based operations. The location benefits from strong pedestrian and vehicular exposure, situated near the intersection of Norton Street and within walking distance of Petersham Train Station. Rear lane access supports efficient loading and unloading, enhancing operational convenience. Businesses will also enjoy proximity to a vibrant mix of cafés, restaurants, and lifestyle amenities that define Petersham’s inner-west character.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Ground floor retail with full glass frontage
- Open-plan layout
1st Floor
The first floor of 494 Parramatta Road presents a versatile opportunity for office users or those seeking to repurpose the space for residential use (subject to council approval). This level offers a functional layout that can accommodate professional services, creative studios, or administrative operations. With separate access and natural light, the space provides a comfortable working environment while maintaining privacy from the retail activity below. Its adaptability for residential conversion adds long-term flexibility for tenants seeking a live-work solution or additional accommodation options. Located in a well-connected inner-west hub, the property ensures easy access to major arterial roads, public transport, and a thriving local community.
- Partially Built-Out as Standard Office
- Fits 4 - 10 People
- Central Air Conditioning
- Natural Light
- Located in-line with other retail
- Open-Plan
- First floor suitable for office use
- Possible residential conversion (STCA)
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 | 2,519 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 2,519 SF |
| Total Space Available | 2,519 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,519 SF |
About the Property
494 Parramatta Road is located in Petersham, approximately 6 km from Sydney CBD. The property sits on a major arterial road with strong traffic volumes and is supported by nearby retail, dining, and residential developments. Public transport options include Petersham railway station and multiple bus routes along Parramatta Road. The surrounding area features a mix of commercial and residential uses, with Norton Street and New Canterbury Road serving as key retail and dining destinations.
- Signage
- Automatic Blinds
- Air Conditioning
Presented by
494 Parramatta Rd
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