A unique investment opportunity offering Tenanted Property for secure income and potential development STCA. Located in the heart of Norton Street’s vibrant retail/restaurant precinct the property occupies a desirable position with rear lane access via short street. restaurant existing use with expansive indoor and outdoor dining areas and parking for 2 + cars at the rear.

- Total land area of approximately 400sqm
- currently Leased 5+5+2 year leases
- Zoning B2 Local Centre
- Council Rates: $1,119.25 pq
- Water Rates: $598.17 pq
- Rental Income: Approx $100,000.00 + GST (pa)

Leichhardt is a popular and highly sought after inner West suburb due to its close proximity to the Sydney CBD, approx 5 kilometres from the subject site. 161 Norton Street, Leichhardt is strategically located in the heart of the in-demand suburb and is within close proximity to leading educational facilities including the University or Sydney and state of the art medical facilities at the Royal Prince Alfred Hospital. Leichhardt is bordered by lively suburbs including Lilyfield, Annandale and Petersham with an abundance of retail strips and public transportation including light rail and regular bus services operating throughout the area.