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61 Enmore Rd 3,800 SF 100% Leased Retail Building Newtown, NSW 2042 For Sale
Investment Highlights
- Modern freehold assets built in 2023 with secure tenant covenants.
- E1 Local Centre zoning with a maximum building height of 14 meters, enabling future redevelopment potential.
- Located on Enmore Road’s renowned “eat street,” offering high exposure and strong rental demand
- Close to Newtown Station, Enmore Theatre, and only 4 km from Sydney CBD within a high-demand Inner West market.
Executive Summary
This offering presents a rare chance to secure two newly constructed freehold investments in Sydney’s Inner West, a market celebrated for its enduring capital growth and vibrant lifestyle appeal. Located along Enmore Road, one of the city’s most iconic retail and dining corridors, these assets combine modern design with strong income security. Both properties are fully leased to established tenants, including Vandal Taqueria, Greens Supermarket, and Sydney Boutique Shared Homes, delivering a combined net income of approximately $311,521 per annum plus GST.
Positioned within the E1 Local Centre zoning, the properties offer exceptional flexibility for future redevelopment and value-add opportunities, supported by a progressive planning framework and a maximum building height of 14 meters (STCA). Just 4 km from Sydney CBD, the location benefits from high pedestrian traffic, proximity to Newtown Station, and adjacency to major entertainment landmarks such as the Enmore Theatre. This is a generational Inner West investment opportunity with strong rental growth prospects and significant uplift potential for forward-thinking investors.
Positioned within the E1 Local Centre zoning, the properties offer exceptional flexibility for future redevelopment and value-add opportunities, supported by a progressive planning framework and a maximum building height of 14 meters (STCA). Just 4 km from Sydney CBD, the location benefits from high pedestrian traffic, proximity to Newtown Station, and adjacency to major entertainment landmarks such as the Enmore Theatre. This is a generational Inner West investment opportunity with strong rental growth prospects and significant uplift potential for forward-thinking investors.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
3,800 SF
Building Class
C
Year Built
2023
NOI
$299,658 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.83
Lot Size
0.05 AC
Frontage
Amenities
- Signage
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Nearby Major Retailers
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61 Enmore Rd
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