A master-planned mixed-use precinct on the waterfront in Putney in Sydney’s north-west is set to provide a unique opportunity for a range of parties with retail tenancies up for sale or lease.
Putney Wharf is being reincarnated as a landmark heritage destination that will combine heritage elements with a mix of premium residential, dining and a 36-berth marina.
Businesses have the chance to lease or buy one of four retail tenancies across a total of 1,346 square metres of space, with permitted uses including business premises, food and drink premises, kiosks, marinas, and shops. Tenancies range in size from 226 square metres to a large 534 square metres double storey waterfront tenancy.
The Colliers team of Trent Gallagher and James Cowan are handling sales on behalf of the vendors, Abadeen & Perifa, while James Strang, Henry Slack-Smith and Michael Tuck oversee the leasing component.
“This is an opportunity to be a part of the finest mixed-use development that Putney will ever see. The location of the site is unprecedented with over 200 metres of frontage to the water and a proposed 36 berth marina that all the retail offerings can benefit from,” Gallagher said.
“This rare waterfront site provides opportunity to build retail scale in an underserviced retail location where the median house price sits above $3.6 million. As such, we expect broad retail interest,” Cowan added.
“We are thrilled to announce the launch of the Putney Wharf retail precinct, a premier destination combining luxury living with vibrant retail and commercial spaces. Designed to create a seamless blend of convenience and sophistication, Putney Wharf promises to be a bustling hub for residents and visitors alike,” Strang commented.
With a total site area of 15,870 square metres, other features of the development include 67 luxury residential dwellings and adjacent basement parking with space for 207 cars.
Putney Wharf’s retail tenancies are for sale or lease via an Expressions of Interest campaign closing on the 27 June 2024. Construction is due for completion in Q4 2026.