Balgowlah, NSW – A high-profile Northern Beaches commercial property at 198 Condamine Street, Balgowlah NSW 2093 has been brought to market, presenting investors with a rare opportunity to secure a substantial landholding with strong income security in a tightly held Sydney metropolitan precinct.
Positioned along the busy Condamine Street corridor, the property occupies approximately 2,552sqm of land and comprises a substantial 3,643sqm building area. The asset is anchored by a national tenant on a long-term lease, providing secure holding income underpinned by strong covenant strength and established trading performance.
The site benefits from exceptional exposure to significant passing vehicle traffic and is strategically located within one of the Northern Beaches’ primary bulky goods and commercial precincts. Its proximity to major arterial routes ensures connectivity to Manly, Brookvale and the broader Sydney CBD, reinforcing long-term investment appeal.
Having been held in the same family ownership for more than six decades, the offering represents a generational divestment and a rare chance to secure a cornerstone commercial asset in a supply-constrained market.
The property is being offered for sale via Expressions of Interest closing 11 March 2026 and is currently available.
The campaign is being managed by Vincent West and Oliver Rosati, with further information available on CommercialReady:
https://www.commercialready.com.au/properties/198-condamine-street-balgowlah-nsw-2093-31312
