163 Norton StreetLeichhardt NSW 2040
Property Details for 163 Norton St, Leichhardt
163 Norton St, Leichhardt is a bedroom, bathroom House. The property has a land size of 346m2 and floor size of 315m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (January 2025)
A precious opportunity to acquire this mixed-use freehold property with immediate secure income and future development upside. Strategically located at the busiest intersection in Leichhardt's commercial precinct, the property benefits from incredible vehicular and foot traffic 7 days a week in this popular Inner West suburb. Currently leased to a prominent licensed Italian restaurant, trading for over 15 years.
> 315sqm building area across two levels with On Premise Liquor Licence (Primary Service Authorisation)
> Strategically located in Norton Street precinct, one of Australia's 3 'Little Italy' Heritages
> 100% of Council Rates, Water Usage, Water Sewage and Drainage & Trade Waste Collection paid by the tenant
> CPI Increase and Market Review at option
> Strategic position and prime location in the heart of Norton Street and surrounded by popular neighbours: Bar Italia, The Royal Leichhardt, Mezzapica Café & Cakes, Café Jolly, Chemist Warehouse, Australia Post, Leichhardt Town Hall and Palace Cinemas
*All amounts, areas and distances are approximate
Auction Details:
For Sale by Auction on Tuesday, 9th July 2024
In Rooms & Online, 50 Margaret Street, Sydney NSW 2000
Property History for 163 Norton St, Leichhardt, NSW 2040
- 09 Jul 2024Sold for $2,525,000
- 28 May 2024Listed for Sale Auction 9th July 2024
- 22 Dec 2011Sold for $1,350,000
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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 9,014 properties. Over the last 5 years, Houses in Leichhardt have seen a 43.38% increase in median value, while Units have seen a 25.66% increase. As at 30 November 2025:
- The median value for Houses in Leichhardt is $2,216,140 while the median value for Units is $1,158,135.
- Houses have a median rent of $900 while Units have a median rent of $750.
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