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A prime investment opportunity in a key Inner West village location with established tenants and future development potential (STCA). This traditional single-level brick commercial property occupies a high-traffic position directly opposite Leichhardt Marketplace and within easy reach of popular cafés, shops, eateries and public transport.
One of four adjoining properties set behind a distinctive brick façade, the warehouse-style building features a substantial column-free front area, along with storage, office space and on-site parking, offering flexibility for a wide range of retail or commercial uses.
Currently leased to Unique Wholefoods, a long-standing specialist organic grocer and wellness retailer, on a secure long-term lease with further option, the property delivers a strong, reliable income return.
Set on a generous landholding with dual street frontages, the property also presents scope for future reconfiguration or residential redevelopment (STCA), consistent with neighbouring properties, allowing investors to fully capitalise on the R1 General Residential zoning and prominent town centre location.
+ Approx 640sqm ground floor encompassing retail area, offices, storage
+ Attractive interior fitout with timber floors, high ceilings and air con
+ Internal stairs to two upper level offices with approx. 44sqm area
+ Total site area approx. 869sqm with rear access, loading dock & 4-car parking
+ Roller door access to rear warehousing, plant room & storage areas
+ Partitioned staff room/kitchen, office, storerooms & coolroom, 3 toilets
+ Zoned R1: General Residential under the Inner West Council LEP 2022
+ No Heritage restrictions, Town centre position allowing for LMR uplift
+ 13.6m approx. frontage to busy Flood Street, 22m approx. rear street frontage to Ivory Street
+ R1 Zoning allows housing, facilities or services that meet residents' daily needs
+ Potential for apartments, shop top housing, childcare, community facilities
+ Adjoining 47-49 Flood Street converted to designer warehouse apartments
+ 61-63 Flood Street also remodelled to create six tri-level townhouses
+ 1km to Norton Street's renowned cafes, eateries, shopping, cinema & buses
+ 700m to Marion Light Rail station, mins to Great Western Highway & M4
Remember to mention you found this property on DevelopmentReady
A prime investment opportunity in a key Inner West village location with established tenants and future development potential (STCA). This traditional single-level brick commercial property occupies a high-traffic position directly opposite Leichhardt Marketplace and within easy reach of popular cafés, shops, eateries and public transport.
One of four adjoining properties set behind a distinctive brick façade, the warehouse-style building features a substantial column-free front area, along with storage, office space and on-site parking, offering flexibility for a wide range of retail or commercial uses.
Currently leased to Unique Wholefoods, a long-standing specialist organic grocer and wellness retailer, on a secure long-term lease with further option, the property delivers a strong, reliable income return.
Set on a generous landholding with dual street frontages, the property also presents scope for future reconfiguration or residential redevelopment (STCA), consistent with neighbouring properties, allowing investors to fully capitalise on the R1 General Residential zoning and prominent town centre location.
+ Approx 640sqm ground floor encompassing retail area, offices, storage
+ Attractive interior fitout with timber floors, high ceilings and air con
+ Internal stairs to two upper level offices with approx. 44sqm area
+ Total site area approx. 869sqm with rear access, loading dock & 4-car parking
+ Roller door access to rear warehousing, plant room & storage areas
+ Partitioned staff room/kitchen, office, storerooms & coolroom, 3 toilets
+ Zoned R1: General Residential under the Inner West Council LEP 2022
+ No Heritage restrictions, Town centre position allowing for LMR uplift
+ 13.6m approx. frontage to busy Flood Street, 22m approx. rear street frontage to Ivory Street
+ R1 Zoning allows housing, facilities or services that meet residents' daily needs
+ Potential for apartments, shop top housing, childcare, community facilities
+ Adjoining 47-49 Flood Street converted to designer warehouse apartments
+ 61-63 Flood Street also remodelled to create six tri-level townhouses
+ 1km to Norton Street's renowned cafes, eateries, shopping, cinema & buses
+ 700m to Marion Light Rail station, mins to Great Western Highway & M4
Remember to mention you found this property on DevelopmentReady
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