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Investment Highlights

  • Mixed-use development comprising three interconnected buildings
  • Includes secure basement parking
  • Primarily residential apartments with ground-floor retail spaces
  • Access to public transport, retail amenities, and community facilities within walking distance

Executive Summary

The property at 788-822 Bourke Street, Waterloo, is part of a mixed-use development comprising three interconnected buildings with a total height of nine storeys. The complex primarily consists of residential apartments with ground-floor retail components. It includes secure basement parking and modern building services. The site is positioned in an established inner-city area with access to public transport, retail amenities, and community facilities.

Property Facts

Total Building Size 495,140 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 9
Typical Floor Size 55,972 SF
Tenancy Single
Lot Size 2.59 AC

1 Unit Available

Unit 86

Unit Size 635 SF
Condo Use Retail
Sale Type Investment
APN/Parcel ID CP/SP67161
Description

This strata-titled retail shop is located on the ground floor of a modern mixed-use development in the Bourke Street Shopping Precinct, Waterloo. The property offers approximately 59 sqm of internal space and includes one secure car parking space on title, bringing the combined strata size to approximately 74 sqm. The shop is currently occupied by a long-term tenant operating as a hair and beauty salon since 2012, under a secure lease arrangement.

The building is well-maintained and presents in near-new condition. Outgoings include Council Rates of $184 per quarter, Water Rates of $183 per quarter, and Strata Fees of $1,440 per quarter. The property is positioned in a high-demand retail location, opposite Coles and Aldi, and surrounded by high-density residential developments, ensuring strong foot traffic and consistent trade.

Sale Notes

This offering represents an opportunity to acquire a securely leased retail investment in one of Waterloo’s most established shopping precincts. The property’s long-term tenancy, combined with its strategic location opposite major supermarkets and within a densely populated residential area, provides strong income stability and long-term growth potential.

With a well-maintained building, secure parking on title, and proximity to key amenities, this asset is well-suited for investors seeking a low-maintenance, income-generating property in a thriving inner-city location.

Shop 86 retail space
Shop 86 retail space
View Photo Shop 86 retail space
View Photo Shop 86 retail space
  • Listing ID: 39744331

  • Date on Market: 2026-03-12

  • Last Updated:

  • Address: 788-822 Bourke St, Waterloo, NSW 2017

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