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132 Penshurst Street
Willoughby NSW 2068

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 465m2
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COMMANDING CORNER RETAIL OPPORTUNITY IN WILLOUGHBY

132 Penshurst Street is an expansive retail premises situated within the thriving suburb of Willoughby. Encompassing a generous 465 sqm* of lettable area, consisting of an internal area of 325 sqm*, an undercover outdoor area of 140 sqm* and 4 car spaces in a prime-positioning Willoughby strip.
Set up to trade as a restaurant, this premise provides expansive and demanding street frontage, a brand new commercial kitchen; including grease trap, exhaust and a cool room, a blend of indoor and outdoor undercover seating, large windows providing ample natural light and bathrooms for patrons.
Complementing the property further is the large corner positioning that the property maintains, fronting Penshurst Street and Laurel Street. Situated amongst leading national retailers such as Dan Murphy's, Australia Post and Anytime Fitness as well as a variety of local cafes, eateries and retailers, fostering an inviting community feeling throughout the streets.
Property Highlights:
• 325 sqm* Internal area + 140 sqm* Undercover Outdoor Seating Area
• 4 Car Spaces
• Commanding corner positioning
• Brand-new commercial kitchen
• Grease trap, exhaust and cool room
• Expansive indoor seating and undercover outdoor garden seating
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Property Details for 132 Penshurst St, Willoughby

Building Type
Commercial
Floor Size
465m2

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About Willoughby 2068

The size of Willoughby is approximately 1.6 square kilometres. It has 11 parks covering nearly 5.8% of total area. The population of Willoughby in 2011 was 5,920 people. By 2016 the population was 6,504 showing a population growth of 9.9% in the area during that time. The predominant age group in Willoughby is 40-49 years. Households in Willoughby are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Willoughby work in a professional occupation. In 2011, 70.4% of the homes in Willoughby were owner-occupied compared with 70.1% in 2016.

Willoughby has 3,662 properties. Over the last 5 years, Houses in Willoughby have seen a 50.05% increase in median value, while Units have seen a 19.01% increase. As at 31 August 2024:

  • The median value for Houses in Willoughby is $3,325,860 while the median value for Units is $1,023,729.
  • Houses have a median rent of $1,250 while Units have a median rent of $695.
There are currently 17 properties listed for sale, and 11 properties listed for rent in Willoughby on OnTheHouse. According to CoreLogic's data, 218 properties were sold in the past 12 months in Willoughby.

Suburb Insights for Willoughby 2068

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Scott Stephens
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Logan Grisaffe
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RWC Sydney North
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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.