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Paddington

354 Oxford Street
  • 577㎡
    area_icon
  • Retail
Price Guide Contact Agent
Property Type Retail
Size Land 221㎡ approx | Building 577㎡

Paddington

354 Oxford Street
  • 577㎡
    area_icon
  • Retail

Premium Freehold Investment | Brand New 7-Year Triple Net Lease to Petbarn

Oxford Agency is proud to present a rare opportunity to secure a blue-chip freehold retail investment positioned within Paddington’s premier hospitality and retail pocket — one of Sydney’s most tightly held and consistently high-performing precincts.

Strategically located along the bustling Oxford Street retail strip, the property sits just a few doors from Merivale’s Paddington hospitality cluster — Fred’s, The Paddington, Charlie Parker’s and the forthcoming Jimmy’s Falafel restaurant and bar.

Directly opposite the Paddington Markets, the surrounding retail environment, drives consistent foot traffic and reinforces the long-term strength of this tightly held location.

The property is securely leased to Petbarn, Australia’s leading pet care retailer with 240+ stores across Australia and New Zealand — delivering a nationally recognised covenant and dependable long-term income stream.

Investment Highlights

• Brand New 7-Year Triple Net Lease to Petbarn Pty Ltd (Commencing 1 November 2025)
• Two (2) x 5-Year Options extending potential tenure to 2042
• 100% Outgoings Recovered, including property management fees
• Securely leased directly to Petbarn Pty Ltd under a corporate lease structure, providing investors with the strength of a national covenant
• 221sqm Land Holding | MU1 – Mixed Use Zoning
• 577sqm Building area
• Premium Freehold Asset in tightly held location
• Positioned within Paddington’s prime hospitality and retail cluster
• High exposure retail frontage with strong pedestrian & vehicular traffic

This is a genuine “set-and-forget” investment underpinned by secure income, premium neighbouring operators and irreplaceable Inner-East positioning.

Opportunities of this calibre in Paddington are exceptionally rare.

For further information or to request the Information Memorandum, please contact the exclusive agents at Oxford Agency.

Property Team

dan

Daniel Marano

L.R.E.A | Head of Commercial Sales & Leasing
Domenica Rose Pty Ltd

Ralph Garofano

L.R.E.A | Senior Commercial Sales & Leasing Executive

Location

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Enquire Now

Explore this property in greater detail by requesting the Contract of Sale, Strata and Building report. You’ll also have the opportunity to speak directly with our team about inspections and the next steps. We look forward to hearing from you.

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