54 Norton StreetLeichhardt NSW 2040
Property Details for 54 Norton St, Leichhardt
54 Norton St, Leichhardt is a 4 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 272m2 and floor size of 268m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (September 2022)
Ray White Commercial Sydney City Fringe is pleased to present 54 Norton Street, Leichhardt for sale $2,250,000
Opportunity to owner occupy, invest or add value in the heart of Leichhardt.
Commanding a high-profile location along one of the busiest streets in Leichhardt, the property affords exceptional vehicular and foot traffic exposure located just meters from the Norton Plaza shopping centre and the epicenter of Leichhardt's commercial precinct.
This single-story building is surrounded by primarily two-level mixed-use retail/residential buildings and has not been utilised to its full potential. Proposed uplift in planning controls to FSR 1.9:1 and height of building 17 metres under the Parramatta Road Urban Transformation Strategy.
54 Norton Street benefits from the following key highlights;
- Freestanding with a generous land size of 272sqm*
- 9.2 metre Norton Street frontage
- Leased to Creek & Cella with net passing income of $87,800* per annum
- Break clause in the lease with the opportunity to occupy.
- Currently fitted out as a restaurant, cafe and wine bar.
- Commercial kitchen with grease trap, exhaust and cool-room.
- Large dining room and private function room and bar.
- Elevated outdoor terrace at the front and enclosed courtyard at the rear
- Zoned B2 - Local centre with proposed uplift under the Parramatta Road Urban Transformation strategy (STCA).
- High profile location, holding income value add opportunity
For more information or to request a copy of the information memorandum, please contact the exclusive selling agents.
For more information please contact the below agents:
Kristian Morris
Principal & Licensee In Charge
0411 415 297
kristian.morris@raywhite.com
Lachlan Palm
Sales & Leasing
0452 008 887
lachlan.palm@raywhite.com
*Approximate
Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.
Property History for 54 Norton St, Leichhardt, NSW 2040
- 27 May 2022Listed for Rent - Price not available
- 15 Sep 2021Sold for $2,250,000
- 19 Jun 2021Listed for Sale For Sale $2,250,000
Recent sales nearby
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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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