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59 Enmore Rd 4,908 SF 100% Leased Retail Building Newtown, NSW 2042 For Sale



Investment Highlights
- Modern freehold assets built in 2023 with strong tenant covenants.
- Prime location within Newtown’s Enmore Road “eat street".
- E1 Local Centre zoning with a maximum building height of 14 metres, offering redevelopment potential (STCA).
- Just 4 km from Sydney CBD and close to Newtown Station and Enmore Theatre.
Executive Summary
Stone Real Estate presents an exceptional opportunity to acquire two recently completed freehold investments in the heart of Sydney’s Inner West. Located at 59 Enmore Road, these modern mixed-use assets are fully leased to strong tenants, including Vandal Taqueria, Greens Supermarket, and Sydney Boutique Shared Homes, generating a combined net income of $332,696.00 per annum plus GST.
Positioned within Newtown’s renowned Enmore Road “eat street” precinct, the properties benefit from high pedestrian traffic, excellent exposure, and proximity to major retail, dining, and entertainment hubs. Just 4 km from Sydney CBD and within walking distance to Newtown Station and the iconic Enmore Theatre, the location offers exceptional connectivity and lifestyle appeal.
Both properties are zoned E1 Local Centre, allowing for a wide range of commercial and residential uses, with a maximum building height of 14 metres (STCA). This zoning, combined with the strong rental profile and long-term growth prospects of the Inner West, provides significant potential for future redevelopment or value-add strategies. These assets represent a rare chance to secure income-producing investments in one of Sydney’s most tightly held and dynamic markets.
Positioned within Newtown’s renowned Enmore Road “eat street” precinct, the properties benefit from high pedestrian traffic, excellent exposure, and proximity to major retail, dining, and entertainment hubs. Just 4 km from Sydney CBD and within walking distance to Newtown Station and the iconic Enmore Theatre, the location offers exceptional connectivity and lifestyle appeal.
Both properties are zoned E1 Local Centre, allowing for a wide range of commercial and residential uses, with a maximum building height of 14 metres (STCA). This zoning, combined with the strong rental profile and long-term growth prospects of the Inner West, provides significant potential for future redevelopment or value-add strategies. These assets represent a rare chance to secure income-producing investments in one of Sydney’s most tightly held and dynamic markets.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
4,908 SF
Building Class
C
Year Built
2023
NOI
$320,027 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.86
Lot Size
0.06 AC
Frontage
Amenities
- Signage
- Balcony
1 1
Nearby Major Retailers
1 of 6
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Photos
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Map
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59 Enmore Rd
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