$8,000,000

Stone Real Estate is proud to present 59 & 61 Enmore Road, Newtown – two recently completed freehold investments located within one of Sydney's most dynamic retail and dining destinations.

These properties represent an outstanding opportunity to acquire two fully leased mixed-use shop-top buildings in the heart of the Inner West, a tightly held market known for its long-term capital growth, lifestyle appeal, and progressive planning framework.

Brand new 2023-built freehold investments in the heart of Sydney's vibrant Inner West. Fully leased to Vandal Taqueria, Greens Supermarket and Sydney Boutique Shared Homes, generating a combined net income of $606,217 pa + GST**. Modern mixed-use buildings within Newtown's renowned Enmore Road "eat street", offering strong rental growth, high exposure, and significant development uplift potential (STCA)* with a maximum building height of 14 metres. Key Investment Highlights

• Two modern 2023-built freehold assets with strong tenant covenants


• Fully leased to Vandal Taqueria, Greens Supermarket, and Sydney Boutique Shared Homes


• Combined net income of $606,217 pa + GST*


• Significant development uplift potential (STCA) with a maximum building height of 14 metres


• E1 Local Centre zoning, providing broad use flexibility and future redevelopment scope


• Situated within Newtown's iconic Enmore Road "eat street" precinct


• Just 4 km from Sydney CBD, surrounded by major retail, dining, and entertainment hubs


• Within the Inner West Council LGA, a rapidly growing population and high-demand rental market


• Close proximity to Newtown Station and Enmore Theatre Property Breakdown

59 Enmore Road & 15 Wilford Lane

• Land area: 245 sqm* | Lot 2 in DP1282258


• Tenants: Vandal Taqueria (lease to 2028 + option) and Sydney Boutique Shared Homes (lease to 2027 + option)


• Net Income: $323,483* pa + GST

61 Enmore Road & 17 Wilford Lane

• Land area: 193 sqm* | Lot 1 in DP1282258


• Tenants: Greens Supermarket (lease to 2028 + options) and Sydney Boutique Shared Homes (lease to 2027 + option)


• Net Income: $299,833* pa + GST


• Combined Net Income: $606,217* pa + GST Tenant Profiles

Vandal Taqueria: A celebrated vegan Mexican restaurant redefining casual dining in Newtown.

Greens Supermarket: A boutique grocer offering organic, gluten-free, and artisanal produce.

Sydney Boutique Shared Homes: A leading corporate accommodation provider with multiple Sydney locations. Zoning & Development

• E1 Local Centre & SP2 Infrastructure


• Permitting a range of commercial, residential, and community uses


• Maximum building height: 14 metres (subject to council approval)


• Excellent opportunity for future redevelopment or value-add (STCA)*

For more information, including Banks' valuations, Tax Depreciation Schedules and Tenancy Schedules, please contact the listing Agent

* Subject to council approval
** All measurements are approximate