Oxford Agency is pleased to present Petbarn, Potts Point — a rare large-format retail investment in one of Sydney’s most tightly held city-fringe precincts.
Positioned on the prominent corner of Macleay Street and Crick Avenue, the property is leased to Petbarn Pty Ltd, Australia and New Zealand’s leading pet specialty retailer with over 241 locations.
The asset comprises 422 sqm of ground-floor retail space, rare loading facilities, strong frontage, and secure long-term income in the heart of affluent and densely populated Potts Point.
Key Highlights
– Secure 6-year triple net lease to Petbarn Pty Ltd from 10 March 2025, plus two 5-year options to 2041.
– Net income: $294,000 pa + GST*, with tenant responsible for all outgoings including management fees.
– Fixed 3.5% annual rental increases.
– Substantial 422 sqm retail floorplate* with rare loading dock and 11.2m frontage*.
– Prime Potts Point corner position, opposite The Apollo Restaurant and 100m* from Woolworths Metro and BWS.
– Potential future strata subdivision upside, STCA.
– Immediate catchment includes 3,016 registered cats and dogs.
– Affluent local demographic, with per capita income approximately 50% above the NSW average.
– Surrounded by major retailers including Woolworths, Coles, Harris Farm, Liquorland, Priceline and McDonald’s.
A secure, income-producing retail investment with national tenant covenant, fixed growth,100% of all outgoings payable by lessee, and rare scale in one of Sydney’s most established inner-city villages.
