Prime Dual-Shop Investment in Bustling Retail Strip
Positioned in one of Lakemba’s most vibrant and tightly held retail precincts, 156–158 Haldon Street, Lakemba presents an exceptional opportunity to secure two fully leased commercial shops on one title in the centre of the suburb’s thriving shopping and dining strip. This property is surrounded by established businesses and restaurants with strong pedestrian traffic, offering investors a rare chance to acquire a high-exposure asset with secure long-term tenants and immediate income. With a combined rental return of $132,550 per annum, both tenants are well-established operators who maintain the premises and pay all outgoings, making this a highly attractive, low-maintenance investment with the added advantage of future development potential (STCA).
Key Features:
• Two commercial shops on one title positioned on Lakemba’s main retail strip
• Strong combined rental income of $132,550 per annum
• Both shops are securely leased to established long-term tenants
• Tenants pay all outgoings, providing a low-maintenance investment
• Prime Haldon Street location with excellent exposure and high pedestrian traffic
• Spacious retail shopfronts with strong street presence and wide frontage
• Fully fitted restaurant/food premises with commercial kitchens and seating areas
• Rear access, storage areas and functional layouts suitable for food operators
• First-floor accommodation/storage offering additional flexibility
• Future development potential (STCA) providing long-term upside for investors
• Surrounded by thriving local businesses, supermarkets, banks and eateries
• Walking distance to Lakemba Train Station and major transport links
Summary
Rarely do opportunities arise to acquire two income-producing shops on one title in the tightly held Haldon Street retail precinct. Offering secure leases, a strong rental return and future development potential (STCA), 156–158 Haldon Street presents an outstanding opportunity for investors, developers or land bankers seeking a strategic commercial holding in a rapidly evolving area. Secure a premium position in one of Lakemba’s busiest commercial strips while benefiting from immediate income today and exciting redevelopment potential in the future.
Features
12 bedrooms
4 bathrooms
directions_car2 carspaces
directions_car2 garage spaces
crop_free411 m² lot size
cottageOther
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88% of sellers in Lakemba reported that their sale price either exceeded or met their price expectations.
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