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59 & 61 Enmore Road 2 Retail Properties in Newtown
Investment Highlights
- Two modern freehold assets built in 2023, fully leased to established tenants.
- E1 Local Centre zoning with a maximum building height of 14 meters, allowing future redevelopment (STCA).
- Situated in the Inner West Council LGA, a rapidly growing and highly sought-after market.
- Located within Newtown’s iconic Enmore Road dining and retail precinct, 4 km from Sydney CBD.
- Excellent connectivity near Newtown Station and Enmore Theatre, surrounded by high-demand residential and commercial activity.
Executive Summary
An exceptional opportunity to acquire two newly constructed freehold mixed-use assets in the heart of Sydney’s Inner West. Located at 59 & 61 Enmore Road, these properties are fully leased to a strong tenant mix, including Vandal Taqueria, Greens Supermarket, and Sydney Boutique Shared Homes, generating a combined net income of approximately $644,217 per annum plus GST.
Completed in 2023, these modern buildings are positioned along Newtown’s renowned Enmore Road “eat street,” a vibrant retail and dining destination just 4 km from the Sydney CBD. The assets benefit from E1 Local Centre zoning, offering broad use flexibility and significant redevelopment potential with a maximum building height of 14 meters (STCA).
Surrounded by major retail, entertainment, and cultural hubs, the properties enjoy excellent connectivity with close proximity to Newtown Station and the iconic Enmore Theatre. This tightly held Inner West market is characterized by strong population growth, high rental demand, and a progressive planning framework, making these assets a compelling long-term investment with strong income security and future value-add potential.
Completed in 2023, these modern buildings are positioned along Newtown’s renowned Enmore Road “eat street,” a vibrant retail and dining destination just 4 km from the Sydney CBD. The assets benefit from E1 Local Centre zoning, offering broad use flexibility and significant redevelopment potential with a maximum building height of 14 meters (STCA).
Surrounded by major retail, entertainment, and cultural hubs, the properties enjoy excellent connectivity with close proximity to Newtown Station and the iconic Enmore Theatre. This tightly held Inner West market is characterized by strong population growth, high rental demand, and a progressive planning framework, making these assets a compelling long-term investment with strong income security and future value-add potential.
Property Facts
| Sale Type | Investment | Individually For Sale | 2 |
| Status | Active | Total Building Size | 8,707 SF |
| Number of Properties | 2 | Total Land Area | 0.11 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 8,707 SF |
| Total Land Area | 0.11 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 59 Enmore Rd, Newtown NSW 2042 | Retail | 4,908 SF | 2023 | - |
| 61 Enmore Rd, Newtown NSW 2042 | Retail | 3,799 SF | 2023 | - |
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59 & 61 Enmore Road
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