YOU are viewing an A Grade neighbourhood, prime corner investment at the geographic heart of Rosalie. The property boasts fantastic frontage to both Baroona Road and Nash Street, rear access and generous undercover car parking.
This free-standing mixed use fully let asset is comprised of 6 tenancies (2 office and 4 retail spaces). The retail tenancies include iconic operators Baskin and Robbins, 5 Boroughs and Meat at Billys. The retailers benefits from over 235sqm of licensed areas that make up a vast exclusive alfresco dining area. The 737sqm fully let asset is spread over 2 levels.
The cleverly activated site is 1090sqm in land size.
The total net return of this fully leased asset is $453,904.00 PA (approx) + GST, with a WALE of 4.98 years provides years of certainty and comfort.
To access a detailed Information Memorandum, please contact Exclusive agents Jeremy Conybeare or Huw Feeney.
The size of Paddington is approximately 2.5 square kilometres. It has 10 parks covering nearly 1.4% of total area. The population of Paddington in 2016 was 8562 people. By 2021 the population was 9063 showing a population growth of 5.8% in the area during that time. The predominant age group in Paddington is 20-29 years. Households in Paddington are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Paddington work in a professional occupation.In 2021, 55.60% of the homes in Paddington were owner-occupied compared with 52.40% in 2016.
Paddington has 4,620 properties. Over the last 5 years, Houses in Paddington have seen a 80.24% increase in median value, while Units have seen a 89.40% increase. As at 31 December 2025:
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