582-584 Anzac Pde 2,530 SF 100% Leased Retail Building Kingsford, NSW 2032 $11,733,163 CAD ($4,638.50 CAD/SF)

582–584 Anzac Parade presents a rare opportunity to acquire a freehold property in one of Sydney’s most dynamic investment corridors. Positioned prominently within the heart of Kingsford’s bustling retail and commercial precinct, the site combines immediate income potential with significant development upside in a location designed for long-term growth.
The property offers two separate tenancies – a ground-floor restaurant and an upper-level residential configuration comprising four bedrooms and 1.5 bathrooms – all supported by six allocated car spaces. This dual-income profile ensures flexibility and secure cash flow for both owner-occupiers and investors. Boasting high visibility along a major arterial road, the site is passed by thousands of vehicles daily and offers exceptional exposure that enhances its ongoing value.
Strategically located within the Kensington to Kingsford Planning Strategy area and under the E2 Commercial Centre zoning, the asset delivers future redevelopment capacity. With a generous land holding of approximately 530 square meters, the property allows for building heights of up to 31 meters and a floor space ratio of 4:1, subject to council approval. These planning allowances make this investment an ideal platform for repositioning into a mixed-use development that leverages Sydney’s strong demand for contemporary retail and apartment living options.