37 New Canterbury RoadPetersham NSW 2049
Property Details for 37 New Canterbury Rd, Petersham
Last Listing description (July 2026)
An exceptional opportunity to secure a fully leased two-storey freehold commercial asset positioned within one of Sydney's most tightly held and highly sought-after retail precincts. Occupying a substantial 170.7sqm* land, corner parcel with 3 street frontages, valuable side & rear lane access, this versatile property presents outstanding investment fundamentals, future development potential (STCA), and premium exposure in the thriving heart of Petersham.
Strategically located within a bustling retail and dining precinct, the property benefits from excellent pedestrian traffic, strong transport connectivity, and a well-established residential and commercial catchment.
Commercial/residential mix: Retail shop: (Charlies Deli) Currently leased, long-standing tenant, plus 4-bedroom apartment upstairs. ideal acquisition for investors seeking a blue-chip commercial holding with strong future upside.
Key Features:
• Fully leased two-storey retail/commercial/residential freehold
• Land area: 170.7sqm* total building area approx. 300sqm
• Retail area; shop, approx. total retail approx..203.00 sqm*, 102.4sqm, + office 50.39sqm + 4 car secure parking approx. 50.49sqm, currently leased on a nominal short-term lease, potential future rental @ $1,500 per week.
• Upstairs Accommodation, 4 bedroom, 2 bathroom apartment currently leased at $900 per week
• Total potential annual rent $124,800.00
• Separate entrance to upper-level 4-bedroom residential accommodation
• Ground floor occupied by established tenant "Charlie's Deli" including retail shop, offices/storage, and rear parking
• Four (4) car parking with side & rear lane access
• Corner position (3 street frontages) with side and rear access to large garage/storage area
• Prime high-exposure location in the heart of Petersham
• Zoned E1 Local Centre, Height limit: 30 metres | FSR: 3:1
• Significant development and value-add potential (STCA)
Raine & Horne Five Dock | Drummoyne makes no statement, representation or warranty and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only for marketing purposes and may contain images incorporating virtual styling enhancement.
Property History for 37 New Canterbury Rd, Petersham, NSW 2049
- 02 Jul 2026Sold
- 28 May 2026Listed for Sale Sold Raine & Horne Five Dock | Drummoyne
- 23 Dec 2021Sold
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0About Petersham 2049
The size of Petersham is approximately 1.3 square kilometres. There are 6 parks, covering nearly 5.5% of the total area. The population of Petersham in 2016 was 8116 people. By 2021 the population was 8200 showing a population growth of 1.0% in the area during that time. The predominant age group in Petersham is 30-39 years. Households in Petersham are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Petersham work in a professional occupation.In 2021, 47.70% of the homes in Petersham were owner-occupied compared with 47.30% in 2016.
Petersham has 5,137 properties. Over the last 5 years, Houses in Petersham have seen a 14.67% increase in median value, while Units have seen a 20.94% increase. As at 30 June 2026:
- The median value for Houses in Petersham is $2,193,601 while the median value for Units is $904,876.
- Houses have a median rent of $1,095 while Units have a median rent of $650.
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