49A New Canterbury Road, Petersham, NSW 2049 | Property Value & History | OnTheHouse
OFF MARKET

49A New Canterbury Road
Petersham NSW 2049

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1106m2
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Property Details for 49a New Canterbury Rd, Petersham

Building Type
Commercial
Land Size
1106m2
Local Government
Inner West
Lot/Plan
201/DP1157660

Last Listing description (October 2020)

Mercer Property has the pleasure of bringing to the market an Inner West commercial space like no other - the Majestic Theatre in Petersham.

This historic venue has undergone numerous overhauls in the past nine decades. Still maintaining its original art deco features, once a premium retail space, now offers an expansive, open floor plate accommodating 550sqm of space ideal for a wide variety of uses ranging from hospitality, showroom or ground floor creative office to name a few.

With the features unmatched in the market today, from its grand art-deco lobby to its prized corner frontage to New Canterbury Road, this phenomenal venue is impressive from the moment you step through the doors.

Situated in the heart of the Petersham's renowned restaurant scene, the space has been repurposed and converted into a highly functional, inspiring creative or showroom space, designed for tenants with a unique vision for their business.

Additional features include;

- Incredible exposure to New Canterbury Road
- Dual street frontage providing multiple entry points into tenancy
- Cleverly designed layout totalling 550sqm
- Reverse air-conditioning systems
- Level access to a rear loading dock
- Male and female bathrooms
- Large storage cage within building
- Approved as a hospitality venue with liquor license
- Close proximity to public transport with both bus stops and train station only metres away
- Ample on street parking surrounding the property
- Great long established local eateries providing constant traffic flow of customers
- Neighboured within the same building by national fitness group SNAP Fitness; boasting over 600 members.

For further information or to arrange a time to inspect, please feel free to contact the agents;

Matt Davoren: 0410 488 437
Dillon Frain: 0416 867 155

Property History for 49a New Canterbury Rd, Petersham, NSW 2049

A timeline of how this property has performed in the market
Listed for Rent
$150k/w
28 Oct 2020
  • 02 Sep 2020
    Listed for Rent - Price not available
  • 30 May 2019
    Listed for Rent - Price not available
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About 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 5,143 properties. Over the last 5 years, Houses in Petersham have seen a 9.32% increase in median value, while Units have seen a 5.17% increase. As at 31 July 2026:

  • The median value for Houses in Petersham is $2,150,445 while the median value for Units is $867,226.
  • Houses have a median rent of $1,045 while Units have a median rent of $660.
There are currently 17 properties listed for sale, and 33 properties listed for rent in Petersham on OnTheHouse. According to Cotality's data, 211 properties were sold in the past 12 months in Petersham.

Suburb Insights for Petersham 2049

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.