136 Norton StreetLeichhardt NSW 2040
Property Details for 136 Norton St, Leichhardt
Last Listing description (April 2025)
Located in the heart of Leichhardt's bustling precinct, this long standing building is spread over 2 floors and have been trading as a IGA supermarket for over 23 years.
First time offered to the market, this is a rare & precious offering for the astute buyers to acquire a trophy prime commercial real estate and capitalise on the existing business set up all in one line.
Features:
* Approx. land area 260m2, building area approx. 390m2 over 2 floors
* Wide frontage with open plan configuration, high ceiling on both floors
* Lower ground floor connects onto the rear lane ideal for loading and unloading
* Current owners have been operating IGA Leichhardt for over 13 years, sale due to retirement
* Set amongst major retailers such as Chemist Warehouse and local food and eatery businesses
* Easy access to CBD and Greater Sydney via City West Link & Parramatta Road
* Future development upside STCA
Ideal for the astute buyers seeking to acquire a business + property without the need to pay rent. Now seeking expressions of interest.
All prospective purchasers are invited to submit their details for detailed discussions on the business. Contact the exclusive selling agents for further details.
Property History for 136 Norton St, Leichhardt, NSW 2040
- 23 Mar 2025Listed for Sale Offers Invited - Shop & Business
- 08 May 2024Listed for Sale Expressions of Interest
- 14 Jul 2017Sold for $2,700,000
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About Leichhardt 2040
The size of Leichhardt is approximately 2.6 square kilometres. It has 16 parks covering nearly 6.6% of total area. The population of Leichhardt in 2016 was 14625 people. By 2021 the population was 15158 showing a population growth of 3.6% in the area during that time. The predominant age group in Leichhardt is 30-39 years. Households in Leichhardt are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Leichhardt work in a professional occupation.In 2021, 57.90% of the homes in Leichhardt were owner-occupied compared with 57.60% in 2016.
Leichhardt has 9,025 properties. Over the last 5 years, Houses in Leichhardt have seen a 43.72% increase in median value, while Units have seen a 25.75% increase. As at 31 December 2025:
- The median value for Houses in Leichhardt is $2,257,081 while the median value for Units is $1,148,877.
- Houses have a median rent of $910 while Units have a median rent of $750.
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