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56 Bay St 1,356 SF Retail Condo Unit in Ultimo, NSW 2007
Investment Highlights
- Positioned in Ultimo’s vibrant city-fringe precinct, minutes from Sydney CBD
- Excellent public transport access with nearby bus stops and light rail stations
- Within walking distance to Broadway Shopping Centre, UTS, and TAFE NSW
- Convenient connectivity to major arterial roads linking the CBD and inner-west suburbs
Executive Summary
56-58 Bay Street in Ultimo, a city-fringe suburb within close proximity to Sydney’s central business district. It is positioned near major demand drivers, including the newly opened Sydney Fish Market, Broadway Shopping Centre, and educational institutions such as the University of Technology Sydney and TAFE NSW. The site benefits from strong pedestrian and vehicle traffic along Bay Street and is well-served by public transport, with bus stops and light rail stations within walking distance. Surrounding amenities include retail, dining, and cultural attractions such as the Powerhouse Museum and Ian Thorpe Aquatic Centre. The location provides convenient access to arterial roads connecting to the CBD and inner-west precincts.
Property Facts
| Total Building Size | 28,417 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 7,104 SF |
| Property Subtype | Apartment | Lot Size | 0.33 AC |
| Building Class | C |
| Total Building Size | 28,417 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 7,104 SF |
| Lot Size | 0.33 AC |
Amenities
Site Amenities
- On-Site Retail
- Roof Terrace
- Bicycle Storage
- Walk-Up
1 Unit Available
Unit 1
| Unit Size | 1,356 SF | Sale Type | Investment |
| Condo Use | Retail | APN/Parcel ID | CP/SP64040 |
| Unit Size | 1,356 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| APN/Parcel ID | CP/SP64040 |
Description
This commercial strata property offers approximately 126 sqm on title, comprising 94 sqm of internal open-plan space and an additional 32 sqm exclusive outdoor terrace. Designed for versatility, the layout accommodates medical consulting, retail, or hospitality uses, with existing high-quality improvements including a full kitchen fit-out, mechanical exhaust, grease trap, and private amenities. The property also includes one secure car space suitable for a large vehicle, enhancing operational convenience. Positioned on the ground floor with a wide 13-meter street frontage along Bay Street, it provides excellent exposure and accessibility in the heart of Ultimo’s vibrant growth corridor.
Sale Notes
This 126 sqm commercial strata property combines functionality and exposure, featuring 94 sqm of internal open-plan space and a 32 sqm exclusive outdoor terrace. Positioned on the ground floor with an impressive 13-meter street frontage, it offers outstanding visibility for medical, retail, or hospitality operators. The property is fully equipped with a commercial kitchen, mechanical exhaust, grease trap, and private amenities, minimizing setup costs for incoming businesses. Located directly adjacent to a high-traffic General Practice, it provides strong referral potential for allied health services such as pharmacy, pathology, or physiotherapy. Additional benefits include one secure car space suitable for a large vehicle and flexible zoning that accommodates multiple uses
Dining area
FloorPlan
Food service space
Presented by
56 Bay St
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