Welcome to 29 Padstow Parade, Padstow - the epitome of retail convenience nestled in the heart of Padstow shopping village.

Strategically positioned to harness the bustling energy of the area, this freestanding retail shop offers an exceptional space for your destination business, development desires and investment prowess.

Key Features:

✅ Ideal Location: Enjoy the enviable advantage of being at the center of Padstow's commercial hub, 200m distance to Padstow Train Station.

✅ Generous Space: Spanning approximately 235m²*, including a convenient 45m²* loading area.

✅ Inviting Frontage: With wide frontage and double entry doors, your business is sure to catch the eye of passersby

✅ Rear Lane Access : Logistical operations become smoother as deliveries can be efficiently managed, ensuring a seamless experience for both customers and suppliers

✅ Thriving Trade: Join forces with a diverse array of hospitality operators, ensuring a steady flow of foot traffic

✅ Convenient Access: Just a stone's throw away from Padstow train station, making accessibility a breeze for both customers and employees.

✅ Surrounded by Excellence: Surrounded by quality hospitality trades, your business will thrive within this dynamic ecosystem.

✅ Development Potential:

- This property whispers promises of future development via amalgamation of the neighbouring property for a potential mega-mixed use development.
Imagine the possibilities of expanding or reimagining the existing structure to maximize its potential – the canvas is yours to paint. (subject to council approval)

- A Demolition Clause (6-months notice to the tenant) is included in this lease, allowing for early-termination for redevelopment & redecoration purposes.

- With the Floor Space Ratio (FSR) recently revised to 2.5-1, and a building height allowance of 20m, the possibilities are vast.

- The property is currently zoned B2: Local Centre, offering flexibility for future endeavors.

✅ Investment Opportunity:

- Leased Investment: Currently leased until 30th June 2026 with a further 5-year option.

- Rent is reviewed at 3% annually with a Market Review at the exercise of the Option period

Don't miss this rare chance to secure your place in one of Padstow's most sought-after retail locations.
Whether you're looking to establish your business or expand your investment portfolio, 29 Padstow Parade presents an unmissable opportunity.

Contact us today to take the first step toward realizing your retail ambitions.

Open For Inspection : Wednesdays 11:00am - 11:30am & Fridays 3:00pm - 3:30pm until the Auction. (Unless sold prior).

Auction: 27th June 2024 6pm, In-rooms @ Level 3/56 Kitchener Pde, Bankstown

📞 For enquiries and to receive an information pack please contact:

Bryan Rizk
M : 0450 992 3...
E : bryanr@commercial.net.au

Matthew McHardy
M : 0450 440 7...
E : matthewm@commercial.net.au

*Disclaimer : Current tenants fit-out not included.*