139 Norton StreetLeichhardt NSW 2040
Property Details for 139 Norton St, Leichhardt
Last Listing description (January 2022)
Ray White Commercial Sydney City Fringe is pleased to present 139 Norton Street, Leichhardt NSW for sale via Online Auction.
A precious opportunity to acquire this mixed-use freehold property with immediate secured income and future development upside. Strategically located at the busiest intersections in Leichhardt's commercial precinct, the property benefits from incredible vehicular and foot traffic 7 days a week.
The Parramatta Road Corridor Urban Transformation Strategy has listed Leichhardt as one of the new commercial hot spots along the reinvented Parramatta Road. The multi billion dollars investment in West Connex and West Metro will dramatically improve the connectivity between Inner West and the rest of Greater Sydney, boost the population growth and create tens of thousands of job opportunities.
The building has been upgraded to minimize the risk of triggering high maintenance cost. After over 10 years successful trading, THAINAMIC, one of the best Thai restaurants in Leichhardt, has decided to relocate to 139 Norton Street due to its superior location. The residential tenant on Level 1 has renewed their lease for the second time. Savvy investors will enjoy the benefit of immediate secured income whilst wait for market review or plan to capitalize future development upside.
Additional Highlights of the property are outlined below:
Mixed-use freehold building
Total site area 209m2*
Superb eye-catching intersection location
Annual gross income $74,124* (inc. GST)
Ground floor leased to 5-star rating Thai Restaurant
Level 1 leased to a respectable young family
Major capital expenditure in 2020
Complimentary council parking nearby
Two (2) street access including rear lane access with onsite private parking
Strategically located in Norton Street Precinct-Australia's 3 Little Italy Heritage
Bus stop at the doorstep
Easy access to CBD and Greater Sydney via City West Link and Parramatta Road
The property will be offered for sale via Online Auction on Wednesday, 8 December 2021 at 1pm (AEDT).
For more information or to arrange an inspection please contact the exclusive sales agent below:
Kristian Morris
Principal & Licensee In Charge
Ray White Commercial Sydney City Fringe
0411 415 297
kristian.morris@raywhite.com
Samuel Gong
Senior Sales Executive
Ray White Commercial Asian Investment Services
0402 873 329
samuel.gong@raywhite.com
Property History for 139 Norton St, Leichhardt, NSW 2040
- 08 Dec 2021Sold for $2,130,000
- 02 Nov 2021Listed for Sale Online Auction
- 29 May 2019Listed for Rent - Price not available
Recent sales nearby
See more recent sales nearby/assets/perm/rtlclxx7uii6tk3grf7en4yhkm?signature=42b5b152a1201db42e79de46a733507093a64d4e9a0fa3fe845857b625ffc22d){kind=logo}
0
/assets/perm/446pl4aekmi6vpz735mvg74dka?signature=2722a8dcfa7a06839f2bd6492896fb7023c32436b1af53b534f5a15daa9f375b){kind=logo}
0/assets/perm/tauntjx4r4i63lo57h5wlyqbny?signature=803295bc3366c2ad3edc10ae021c729e75062833e1de48fcff40affd5b853738){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 9,048 properties. Over the last 5 years, Houses in Leichhardt have seen a 40.38% increase in median value, while Units have seen a 27.96% increase. As at 31 January 2026:
- The median value for Houses in Leichhardt is $2,222,190 while the median value for Units is $1,155,806.
- Houses have a median rent of $925 while Units have a median rent of $750.
Suburb Insights for Leichhardt 2040
Market Insights
Leichhardt Trends for Houses
N/A
N/A
View TrendN/A
N/A
Leichhardt Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
