FOR SALE
$1,099,000

Shop 1/118-120 Marion Street
Leichhardt NSW 2040

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 133m2
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Exceptional Corner Position in Prime Leichhardt Area

Discover the allure of this exceptional retail space perfectly situated on the corner of Marion and Edith streets. Boasting an expansive 133sqm on title, this desirable location provides a prime opportunity for your business.
Nestled on the ground floor of a recent development with only two levels of apartments above, this retail space exudes modernity and accessibility. Its strategic location places it in close proximity to thriving retailers, a mere 100 meters from Marketplace Leichhardt and a short walk to the renowned Norton Street retail precinct.
Convenience is key, as the property is close to public transport, positioned opposite bus stops, and just a 500-meter walk from the nearest light rail station. The vibrant retail atmosphere in the area enhances the overall appeal of this prime corner location.
Unlock the full potential of your investment with the confidence of a secure tenancy, ensuring stability through to April 2026 with a monthly income of $6,500. Leverage the significant benefit of the tenant participating in covering part of outgoings, amplifying the overall appeal and attractiveness of this exceptional opportunity.
With nearly 60,000* residents in the Leichhardt Council area, seize this golden opportunity to position your business in the heart of a dynamic and flourishing Inner West community.
Features to Love:
• Strategically positioned in a prime location
• Embraces a vibrant retail atmosphere
• Currently tenanted until April 2026
Seize the chance to establish your business in a thriving community hub. Enquire now to secure your place in this exceptional location.

Property Details for Shop 1/118-120 Marion St, Leichhardt

Building Type
Commercial
Floor Size
133m2

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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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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.