Property ID: 1P1323
Shop 1/205 Pacific Highway St Leonards NSW
Guide $1,400,000
- 2
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Retail
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For Sale
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161 sqm
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161 sqm
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2
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$505.00 Quarterly
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$55.00 Quarterly
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$2,633.00 Quarterly
PRIME GROUND FLOOR RETAIL STRATA WITH TWO CAR SPACES
Shop 1, Forum West, 205 Pacific Highway, St Leonards is available for sale via Expressions of Interest closing 3pm Wednesday, 30 September 2026. This property is an exceptionally well positioned ground floor commercial and medical investment within the landmark Forum complex. Comprising 161 sqm together with two car spaces, the property enjoys substantial street frontage, excellent exposure and direct pedestrian access from Pacific Highway and Herbert Street in the heart of the established St Leonards commercial and medical precinct.
The property forms part of the prominent Forum complex, a major mixed-use development incorporating commercial buildings, residential towers and a retail plaza positioned directly adjacent to the St Leonards train and bus interchange. The location provides outstanding public transport connectivity with St Leonards Station immediately accessible and the recently opened Crows Nest Metro Station approximately 500 metres away, providing fast connections to Barangaroo and Martin Place.
Currently occupied by an established footwear, orthotic and physiotherapy business, the premises are offered subject to a monthly tenancy producing $7,119.47 per month + GST, equivalent to approximately $85,434 per annum + GST. The flexible tenancy arrangement provides purchasers with immediate holding income while retaining future flexibility for investors or prospective owner-occupiers. Internally, the property provides a substantial open retail and showroom area, treatment/consulting space, office and storage areas, while the extensive glazed frontage provides excellent natural light and prominent signage opportunities.
A major feature of the offering is its position within one of Sydney's most significant healthcare precincts. The Forum provides a covered pedestrian connection to the Royal North Shore Hospital precinct, while Royal North Shore Hospital and North Shore Private Hospital anchor a substantial concentration of medical, specialist, allied health and diagnostic services. The adjoining Shop 2 was itself marketed as a medical investment in June 2026, highlighting the established healthcare character of this section of the Forum complex and ultimately selling under auction conditions for $2.7 million, which equates to $8,795 per sqm.
With its 161 sqm floor area, two car spaces, high-profile street frontage, existing income and exceptional proximity to major transport and healthcare infrastructure, Shop 1 represents a rare opportunity to secure a versatile retail and commercial property within one of the Lower North Shore's most tightly held precincts. The combination of immediate investment income and longer-term occupation or repositioning potential should appeal to investors, medical and allied health operators and future owner-occupiers seeking a strategic St Leonards holding.
The property forms part of the prominent Forum complex, a major mixed-use development incorporating commercial buildings, residential towers and a retail plaza positioned directly adjacent to the St Leonards train and bus interchange. The location provides outstanding public transport connectivity with St Leonards Station immediately accessible and the recently opened Crows Nest Metro Station approximately 500 metres away, providing fast connections to Barangaroo and Martin Place.
Currently occupied by an established footwear, orthotic and physiotherapy business, the premises are offered subject to a monthly tenancy producing $7,119.47 per month + GST, equivalent to approximately $85,434 per annum + GST. The flexible tenancy arrangement provides purchasers with immediate holding income while retaining future flexibility for investors or prospective owner-occupiers. Internally, the property provides a substantial open retail and showroom area, treatment/consulting space, office and storage areas, while the extensive glazed frontage provides excellent natural light and prominent signage opportunities.
A major feature of the offering is its position within one of Sydney's most significant healthcare precincts. The Forum provides a covered pedestrian connection to the Royal North Shore Hospital precinct, while Royal North Shore Hospital and North Shore Private Hospital anchor a substantial concentration of medical, specialist, allied health and diagnostic services. The adjoining Shop 2 was itself marketed as a medical investment in June 2026, highlighting the established healthcare character of this section of the Forum complex and ultimately selling under auction conditions for $2.7 million, which equates to $8,795 per sqm.
With its 161 sqm floor area, two car spaces, high-profile street frontage, existing income and exceptional proximity to major transport and healthcare infrastructure, Shop 1 represents a rare opportunity to secure a versatile retail and commercial property within one of the Lower North Shore's most tightly held precincts. The combination of immediate investment income and longer-term occupation or repositioning potential should appeal to investors, medical and allied health operators and future owner-occupiers seeking a strategic St Leonards holding.
