Positioned in the heart of Belmore's Knox Street retail strip, this compact retail premises presents an affordable entry point for investors and business owners in the local market.
Currently operating as a massage studio with a secure tenant, the property returns $26,000 per annum with outgoings that remain among the lowest in the precinct.
A fantastic opportunity for investors looking for a secure return with minimal holding costs or business owners looking to secure an affordable commercial foothold in Belmore now, with the option to occupy at lease end.
Features
- Ground floor space of 45 sqm
- Street-facing shopfront
- Fitted with 3 private treatment rooms
- Kitchenette, bathroom & shower
- Good foot traffic around established local catchment
- No further expenditure required to maintain it's current use and income
Location
- 900m to Belmore Station and amenities
- Ample bus connections and transport options
- 12 km from the Sydney CBD with direct train access
- Growth benefits from Belmore Metro upgrades and Transit Oriented Development (TOD) program, targeting significant uplift around Belmore Station
Outgoings:
Strata: $160 pq approx.
Council: $427 pq approx.
Water: $211 pq approx.
All precaution has been taken to determine the accuracy of the above information however, all interested parties are to rely on their own inquiries and professional advice.
The size of Belmore is approximately 2.8 square kilometres. There are 12 parks, covering nearly 4.9% of the total area. The population of Belmore in 2016 was 12718 people. By 2021 the population was 13781 showing a population growth of 8.4% in the area during that time. The predominant age group in Belmore is 30-39 years. Households in Belmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmore work in a professional occupation.In 2021, 52.90% of the homes in Belmore were owner-occupied compared with 52.90% in 2016.
Belmore has 6,599 properties. Over the last 5 years, Houses in Belmore have seen a 42.74% increase in median value, while Units have seen a 27.34% increase. As at 30 April 2026:
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