FOR SALE
FOR SALE

Level Lot 11 & 1/38/23 Norton Street
Leichhardt NSW 2040

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 130m2
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Prime Double Brick Commercial Space with Top-Tier Amenities

TWO LOTS BEING SOLD AS ONE!
Keep current operation of one huge facility or split and operate two separate businesses with two lots for the price of one!!
Double brick commercial space is a turnkey opportunity for restaurateurs seeking a prime location with all the essential features for a thriving dining establishment. With no expense spared in its fit-out, this property is ready for you to make your mark in the culinary scene. Nestled in the vibrant Italian Forum, a fully equipped kitchen, spacious seating for 140 diners, and a stylish bar area, this restaurant is a perfect blend of modernity and functionality.
FEATURES OF THE PROPERTY:
- Situated in the heart of the Italian Forum, surrounded by sought-after eateries, the property enjoys wide double frontage for fantastic exposure
- Classy, modern, and recently renovated interiors create an inviting ambiance for both patrons and staff.
- Completely fitted-out commercial kitchen with gas cooking, and walk-in pantry
- Designed to accommodate up to 140 seated diners, the restaurant includes a spacious bar area for additional guests.
- Approximately 70sqm of external seating provides an ideal space for al fresco dining
- Enjoy the luxury of two dedicated parking spaces, ensuring hassle-free access for staff and patrons.
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Property Details for Level Lot 11 & 1/38/23 Norton St, Leichhardt

Building Type
Commercial
Floor Size
130m2

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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 8,724 properties. Over the last 5 years, Houses in Leichhardt have seen a 36.34% increase in median value, while Units have seen a 14.89% increase. As at 30 November 2024:

  • The median value for Houses in Leichhardt is $2,080,807 while the median value for Units is $1,107,095.
  • Houses have a median rent of $900 while Units have a median rent of $743.
There are currently 28 properties listed for sale, and 35 properties listed for rent in Leichhardt on OnTheHouse. According to CoreLogic's data, 431 properties were sold in the past 12 months in Leichhardt.

Suburb Insights for Leichhardt 2040

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Laura Raneri
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Michael Toumas
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Aria Realty Co.
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Disclaimer
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.