23 Norton St - The Italian Forum Unité de condo • Commerce de détail • 1 194 pi² • À vendre 594 799 $ CAD • Leichhardt, NSW 2040

48/23 Norton Street is a ground-floor retail premises within The Italian Forum, a mixed-use development in Leichhardt, NSW. The property comprises 111 square meters of lettable area and includes two car spaces. It features a 16-meter shopfront and is situated in a precinct known for cultural events and retail activity. The Italian Forum opened in the late 1990s and remains a key destination in the Inner West. The property is accessible via major roads and public transport, with surrounding land use including residential and commercial properties.

This rare retail investment opportunity is located within The Italian Forum, a well-known cultural and retail precinct in Sydney’s Inner West. Positioned on the ground floor, the property offers a wide 16-meter shopfront and a lettable area of 111 square meters, complemented by two on-site car spaces. The Italian Forum, inspired by traditional Italian piazzas, has been a vibrant hub for dining, shopping, and cultural events since the late 1990s, attracting consistent foot traffic from locals and visitors alike.
The property is offered for the first time in over 20 years and is currently occupied by an established tenant on an expired lease, providing flexibility for investors seeking to renegotiate terms or reposition the asset. Its location in Leichhardt, a thriving inner-west suburb, ensures strong connectivity via major arterial roads and public transport, including bus routes and nearby light rail. The surrounding area is characterized by a dense residential population, popular eateries, and boutique retailers, creating a dynamic environment for retail businesses.
With its prominent frontage, secure parking, and placement within a landmark mixed-use development, this property represents a compelling opportunity for investors seeking long-term value in a tightly held market.