A new vegan supermarket in the heart of Newtown in Sydney’s inner west is set to add to the flourishing plant-based industry after coming to market.
The unique 100% plant-based offering at 61 Enmore Road named Greens Super Market is part of a complex set to feature a plant-based sushi train called Kimusabi Sushi and hidden plant-based teppanyaki bar.
From the creators of plant-based eatery, Vandal Taqueria in Newtown, the property has two secure new long-term tenancies and is owned by a private investor who worked to build a bespoke retail amenity.
The property is listed for sale through Miron Solomons and Harry Bui of Colliers and Zorick Toltsan of Ray White Commercial (DB).
Solomons said: “Situated in the heart of eclectic Newtown, this special offering is the perfect investment as it’s underpinned by two new long-term tenancies in a densely populated hub of activity. The supermarket is an incredible new addition to the Newtown locale, with it adding to the already incredible mix of food and beverage options. It’s not often you see a new wide fronted freehold property come to market in this tightly held market location.”
Toltsan added: “The strong market fundamentals within Newtown as well as its ever-popular location has ensured both domestic and international investors are still attracted to the region. The growth being experienced and current rates being achieved for both residential and commercial property place the suburb as one of the most desirable in Australia.”
Directly above the supermarket is a fully leased three-bedroom apartment to increase the appeal, while the whole offering has a net income of circa $290,000 per annum.
The property is located just a short stroll from the Enmore theatre that recieves more than 1 million visitors each year, music venues and a vibrant nightlife, but is also close to Sydney University, UTS and the CBD. Newtown Train Station and bus stops are also a short walk away.
61 Enmore Road, Newtown will be offered for sale via public auction on Thursday 24th August at 12pm.