Rare Multi-Lot Opportunity – Unmatched Hospitality & Retail Potential in The Piazza
Shop 3A/ The Piazza, Wentworth Point
Retail
For Sale
Open Times
Property Information
- Land area approx 311sqm
- Floor area approx 202sqm
- Council Rates $2683/year
- Water Rates $3429/year
- Strata Admin Fund $15000/year
- Strata Sinking Fund $5740/year
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After more than two decades under the stewardship of a highly regarded licensed restaurant, this uniquely versatile property is now available for purchase. Previously five individual shops, the space has been expertly reconfigured into one expansive, adaptable premises-offering unparalleled potential and flexibility for an astute buyer.
• Utilise the entire 311sqm or explore the option to rework the layout (STCA) into multiple tenancies-perfect for an owner-occupier who wants to retain some space and lease or subdivide the remainder
• Potential to revert to the original 5 separate lots (STCA), providing excellent options for investors or future value-add strategies
Key Features:
• The property features a generous 202 sqm of internal space complemented by 77 sqm of external area, making a total of approximately 311 sqm, which includes 32 sqm dedicated to two single lock-up garages
• High-exposure shopfront in the vibrant heart of The Piazza, a buzzing community hub surrounded by popular restaurants, medical centre, convenience store, Pulse gym and pool, and more
• Prime location in a rapidly growing precinct, with over 500 new residences set for completion nearby, ensuring constant foot traffic
Location :
Surrounded by an abundance of established amenities, the property is just footsteps from:
• Popular restaurants, cafés, and patisseries
• Medical Centre and allied health services
• Convenience stores and specialty retail
• The Pulse Club, featuring exclusive indoor and outdoor pools, tennis courts, gym, and function spaces
• Picturesque waterfront parklands, walking and cycling tracks
• Excellent access to ferry services, buses, and major arterial roads connecting to Sydney Olympic Park and the CBD
Potential Rental Return
The property is expected to achieve a potential rental return of approximately $130,000–$140,000 per annum plus GST if leased as a whole. If converted back into five separate lots, it could potentially achieve an even higher rental return, based on prevailing price per square metre rates in the area.
Building Facilities & Amenities:
Occupiers enjoy access to all resort-style facilities at The Waterfront, including both indoor and outdoor swimming pools, tennis courts, a fully equipped gym, expansive event spaces, and communal areas with outdoor seating. The complex also features a children's playground and beautifully landscaped grounds walking distance to the bay, offering a premium lifestyle for families and entertainers alike.
Approximate Outgoings (All 5 Lots)
• Total: $26,849.88 Per Annum
• Council Rates: $2,682 per annum
• Water Rates: $3,428.20 per annum
• Strata Levies: $20,739.68 per annum
For the right price, this is a true walk-in, walk-out opportunity-the retiring owners are happy to include all equipment and the full restaurant fit-out with the sale, delivering an unbeatable, ready-to-operate package for the astute purchaser*.
This property is set to sell. Act now! Call Joe Bousimon (0419 505 565) or Philipp Tsiprin (0498 388 338)
Property Features
- Air Conditioning
- Close to Parklands
- Close to Schools
- Close to Shops
- Close to Transport
- Courtyard
- Disabled Access
- Garages 2
- Nearby Government Schools
- Nearby Private Schools