FOR SALE
Expressions of Interest

136 Norton Street
Leichhardt NSW 2040

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 390m2
Land area: 260m2
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Prime Retail Over 2 Floors | Business & Property To Be Sold in One Line

Located in the heart of Leichhardt's bustling precinct, this long standing building is spread over 2 floors and have been trading as a IGA supermarket for over 23 years.
First time offered to the market, this is a rare & precious offering for the astute buyers to acquire a trophy prime commercial real estate and capitalise on the existing business set up all in one line.
Features:
* Approx. land area 260m2, building area approx. 390m2 over 2 floors
* Wide frontage with open plan configuration, high ceiling on both floors
* Lower ground floor connects onto the rear lane ideal for loading and unloading
* Current owners have been operating IGA Leichhardt for over 13 years, sale due to retirement
* Set amongst major retailers such as Chemist Warehouse and local food and eatery businesses
* Easy access to CBD and Greater Sydney via City West Link & Parramatta Road
* Future development upside STCA
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Property Details for 136 Norton St, Leichhardt

Building Type
Commercial
Floor Size
390m2
Land Size
260m2

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About Leichhardt 2040

The size of Leichhardt is approximately 2.6 square kilometres. It has 16 parks covering nearly 6.6% of total area. The population of Leichhardt in 2011 was 13,519 people. By 2016 the population was 14,608 showing a population growth of 8.1% in the area during that time. The predominant age group in Leichhardt is 30-39 years. Households in Leichhardt are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Leichhardt work in a professional occupation. In 2011, 57.8% of the homes in Leichhardt were owner-occupied compared with 57.6% in 2016.

Leichhardt has 8,670 properties. Over the last 5 years, Houses in Leichhardt have seen a 38.83% increase in median value, while Units have seen a 30.50% increase. As at 31 October 2024:

  • The median value for Houses in Leichhardt is $2,077,732 while the median value for Units is $1,091,523.
  • Houses have a median rent of $920 while Units have a median rent of $738.
There are currently 36 properties listed for sale, and 44 properties listed for rent in Leichhardt on OnTheHouse. According to CoreLogic's data, 435 properties were sold in the past 12 months in Leichhardt.

Suburb Insights for Leichhardt 2040

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Colemon Xu Hui Su
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Colemon Property Group Pty Ltd
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.