294A Lyons Road, Russell Lea, NSW 2046 | Property Value & History | OnTheHouse
OFF MARKET

294A Lyons Road
Russell Lea NSW 2046

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Last updated 18 May 2026
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Property Details for 294a Lyons Rd, Russell Lea

Building Type
Commercial
Local Government
Canada Bay

Last Listing description (May 2026)

A high visibility opportunity in a busy local business precinct. Located on the major road route between Drummoyne and Five Dock town centre, this approx 82sqm ground floor commercial premises offers excellent exposure for a new venture or a familiar name. The central property in a traditional corner strip of 5 two-storey terraces on the corner of Lyons Road and Russell Street, it's surrounded by food outlets and professional services, with the attraction of the Inspirations Paint destination retailer occupying the corner shop. Previously operating as a Pizza Hut, this well-presented property is ready for food service usage with cool room, commercial kitchen and prep area, plus the benefit of awning signage for maximum impact and 2-car parking to the rear. As a key arterial route and the main access point for the peninsular suburbs of Russell Lea, Wareemba, Chiswick and Abbotsford, this busy road sees consistently high levels of vehicular traffic, allowing you to quickly become a household name in the area, attract passing trade and build a solid client base amongst local residents.

+ 82sqm ground floor commercial premises in local business precinct

+ Approx 49sqm front area with entry door and 6.8sqm cool room

+ Central prep area/storage plus kitchen with sinks, grease trap & exhaust

+ Internal access to staff WC plus rear lobby access to second WC

+ Side driveway access to 2 designated car spaces in rear parking area

+ Frontage with floor-to-ceiling windows and covered entry door

+ Wide awning plus lighted under-awning signage for maximum impact

+ Property is Zoned E1 Local Centre under the Canada Bay LEP 2013

+ Popular veterinary clinic and destination paint retailer in terrace

+ Opposite patisserie, chocolatier and professional service businesses

+ Lyons Road & Russell St parking, Chatswood & Drummoyne bus at door

+ Less than 2km to Five Dock, Drummoyne, Chiswick & Abbotsford perfect for speedy cycle courier deliveries

+ High exposure entry to the Inner West or attractive move for established locals

Property History for 294a Lyons Rd, Russell Lea, NSW 2046

A timeline of how this property has performed in the market
Listed for Rent
$1.15k/w
20 May 2026
  • 20 May 2026
    Listed for Rent - Price not available
  • 11 Aug 2020
    Listed for Rent - Price not available
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About Russell Lea 2046

The size of Russell Lea is approximately 1.0 square kilometres. There are 6 parks, covering nearly 1.0% of the total area. The population of Russell Lea in 2016 was 5001 people. By 2021 the population was 4920 showing a population decline of 1.6% in the area during that time. The predominant age group in Russell Lea is 40-49 years. Households in Russell Lea are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Russell Lea work in a professional occupation.In 2021, 72.60% of the homes in Russell Lea were owner-occupied compared with 72.20% in 2016.

Russell Lea has 2,182 properties. Over the last 5 years, Houses in Russell Lea have seen a 37.34% increase in median value, while Units have seen a 12.14% increase. As at 30 April 2026:

  • The median value for Houses in Russell Lea is $3,194,146 while the median value for Units is $1,096,541.
  • Houses have a median rent of $1,300 while Units have a median rent of $700.
There are currently 10 properties listed for sale, and 6 properties listed for rent in Russell lea on OnTheHouse. According to Cotality's data, 82 properties were sold in the past 12 months in Russell lea.

Suburb Insights for Russell Lea 2046

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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.