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1/6 Cowper Wharf Roadway
Woolloomooloo, NSW 2011
AUCTION
Overview
Waterfront Retail Opportunity: 334sqm with External Waterfront Seating in Woolloomooloo
This property is a premier hospitality venue located at Shop 1, 6 Cowper Wharf Roadway, Woolloomooloo, situated within Sydney's exclusive Finger Wharf precinct. It offers a rare opportunity to acquire a flagship asset in a highly sought-after location where such opportunities seldom arise.
The property encompasses a total strata area of 334 square meters, including prized outdoor and waterfront seating, making it ideal for premium, high-volume hospitality operations. It presents an attractive prospect for owner-occupiers, sophisticated investors, and visionary operators seeking aggressive yields and long-term capital preservation.
Notable neighboring establishments include renowned venues such as Otto Ristorante, China Doll, Akti, and Kingsleys Woolloomooloo, all of which contribute to the area's reputation as a hub for successful hospitality businesses.
Key asset and investment highlights include:
- Generous scale with 334 square meters of total strata area complemented by sought-after outdoor and waterfront seating.
- Previous approvals for alterations and additions to the existing restaurant, including internal modifications and ancillary uses for functions and events, providing flexibility for future development.
- Estimated rental income potential of approximately $700,000 per annum, underscoring the property's income-generating capability.
- Dual access points featuring a direct waterfront entrance and a secondary interface with the luxury Ovolo Hotel, enhancing accessibility and customer flow.
- Value-add potential through the possibility of increasing patron capacity and revenue by expanding outdoor seating, subject to council approval.
- Recent comparable sales in the area, such as a $10.125 million transaction on the boardwalk, highlight the strong demand for assets within the Finger Wharf precinct.
The property is offered for sale via auction scheduled for Tuesday, 28 April 2026, at 10:30 am. The auction will be held at auctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney.
Interested parties are encouraged to contact the exclusive selling agents for further information and access to due diligence materials.
Location
Woolloomooloo NSW 2011
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 334 sqm |
Market Insights for Woolloomooloo NSW 2011
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Price Guide $2,450,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
