37/23 Norton Street, Leichhardt, NSW 2040

Floor Area:

50sqm

Land Area:

50sqm

For Sale

$359,000

Owner Occupy or Investment Opportunity!

A great opportunity for the savvy investor or occupier to secure a fantastic entry point commercial premise in the iconic " Italian Forum " complex providing a mixture of residential and commercial premises on the highly sought after position of Norton Street. An ideal position offering various potential usages including but not limited to food, retail or even health and professional services ( S.T.C.A. ) it provides a great entry point for a commercial property in a popular location with immense future capital growth and returns. Featuring a convenient ground level position from Norton Street with a Piazza facing shop front it offers 50sqm of prime retail space with a full functional kitchen including three phase power and exhaust provision. Existing lease until July 2024 it would be a great investment choice to renew or perfect to return and occupy!

Property Features:

- Ground floor location with access from Norton Street,

- Total area of approximately 50sqm

- 7.1m frontage in Piazza.

- Existing kitchen with grease trap, exhaust provisions and three phase power.

- Current lease until 17th July 2024.

- Annual gross income of $22,279.20 + GST

Quarterly Outgoings ( approximate )

- Council Rate: $436.00

- Water Rates: $222.84

- Strata Levies: $3,150.00

Peter Ly

Director/Licensee in Charge

Got a property to sell? Contact us for a free Request Appraisal

Property Info:

Property ID: L27820238
Property Type:Retail
Building / Floor Area:50 sqm
Land Area:50 sqm

Need help with your finance?

Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.