shop h / 82 Mary Ann Street
Ultimo, NSW 2007

Located in the vibrant and bustling heart of Ultimo, this ground-floor commercial property offers a prime retail investment opportunity with excellent street-front exposure. The property is situated just steps away from key landmarks including Harris Street, the University of Technology Sydney (UTS), TAFE, and Haymarket, making it an ideal location for businesses seeking high visibility and strong foot traffic in a thriving city fringe environment.

This versatile strata shop features a wide glass frontage that wraps around the space, providing abundant natural light and an inviting atmosphere for customers and clients. The high ceilings enhance the open-plan layout, which includes a sink and storage area, making it ready for immediate fit-out or customization to suit a variety of business needs.

The zoning of the property is flexible, allowing for multiple uses such as retail, service, office, or creative workspace. This adaptability increases the potential tenant pool and future rental upside. The location benefits from easy access to public transport and major arterial roads, ensuring convenience for both customers and employees. Additionally, there is ample street parking available in the vicinity.

Currently, the property is leased to an established hair salon, generating a rental income of $44,000 per annum under a lease term of two years plus an additional two years. The tenant is responsible for paying strata, water, and council rates, which helps to reduce the outgoing expenses for the owner. Approximate quarterly outgoings include strata fees of $1,902.90, water charges of $171, and council rates of $250.91.

This property represents a rare chance to acquire a tightly held commercial asset in one of Sydney’s most sought-after inner-city suburbs. It offers strong potential for capital growth alongside secure rental income, making it an attractive proposition for investors or business operators looking to establish a presence in a high-demand location.

With its prime location, flexible use, and established tenancy, this commercial space is well-positioned to meet the needs of a wide range of businesses. Interested parties are encouraged to enquire for further information or to arrange a private inspection to fully appreciate the value and potential of this exceptional property.