FOR SALE
$359,000

37/23 Norton Street
Leichhardt NSW 2040

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 50m2
Land area: 50m2
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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.
- Access to secure basement parking for two (2) vehicles.
- Current lease until 17th July 2024.
- Annual gross income of $22,082.80 + GST
Quarterly Outgoings ( approximate )
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Property Details for 37/23 Norton St, Leichhardt

Building Type
Commercial
Floor Size
50m2
Land Size
50m2

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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 8,623 properties.

    There are currently 33 properties listed for sale, and 40 properties listed for rent in Leichhardt on OnTheHouse. According to CoreLogic's data, 404 properties were sold in the past 12 months in Leichhardt.

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