Lot 6/2-4 Denison Street
Bondi Junction, NSW 2022

Overview

Lot 6 2-4 Denison Street, Bondi Junction

This commercial property presents a rare and exceptional opportunity, being offered to the market for the first time in over 25 years. It features a double-fronted, ground-level retail shop front situated in the western end of Bondi Junction. The location is highly strategic, adjoining prominent recent developments including The Mill, The Oxford, and Whitton Lane, making it a prime investment or future owner-occupier prospect.

The property benefits from a secure lease to an international tenant, PPG Industries, providing a stable income stream. The internal area is approximately 269 square meters, complemented by two dedicated car spaces and a loading dock included on the title. The tenancy boasts high ceilings throughout, enhancing the spacious feel and usability of the space. Additionally, the frontage includes over 10 meters of window display, offering excellent exposure and visibility to passing traffic.

Current rental income is $221,450 per annum gross plus GST, reflecting the property's strong investment credentials. The zoning is B4 Mixed Use under the Waverley Local Environmental Plan 2012, allowing for a variety of commercial and mixed-use developments, which adds to the property's versatility and potential for future redevelopment or alternative uses.

Located within a highly sought-after city fringe area, the property is within a short walking distance to the Bondi Junction Bus and Rail Interchange as well as the Westfield Shopping Centre, providing excellent accessibility and foot traffic. This makes it an attractive location for retail or commercial operations seeking a prominent position in a vibrant commercial precinct.

Additional features include the property's blue-chip status, making it a sound investment choice for astute investors looking to secure a foothold in a premium market. The combination of location, tenant quality, and property features ensures this offering stands out in the commercial real estate market.

Overall, this property represents a unique opportunity to acquire a well-located, well-leased retail shop front with strong income and future potential in one of Sydney's most dynamic commercial hubs.

Location