Shop 1, 109 Pitt Street, Sydney, NSW, 2000

Auction Location: Auctionworks: Mezzanine Level, 50 Margaret St, Sydney NSW 2000

If you are looking to deploy capital into a bulletproof location, look no further. This prime strata retail asset is in the first year of a brand-new lease and sits at the most exposed point of the Hunter Connection, directly benefiting from Sydney's most significant CBD infrastructure upgrades in decades.

PropertyFox and Service First Property Group are proud to bring Shop 1, 109 Pitt Street, Sydney to market for sale by Public Auction. Positioned within Sydney's financial core, the asset is secured by a long term lease to Buongiorno! Café & Deli, a licensed food and beverage operator, and offers investors an exceptionally rare opportunity to acquire a future-facing CBD retail investment in a location set to be transformed by major transport infrastructure.

With the Hunter Connection slated to form a vital pedestrian link into the upcoming Hunter Street Metro Station, Wynyard Station, and Brookfield Place, this property will sit at the absolute doorstep of a major future transport interchange. Daily pedestrian traffic is forecast to surge up to 90,000 people, ensuring unparalleled long-term land value and tenant demand.

The property also benefits from approved outdoor seating on Pitt Street, with a further seating area near the building stairs awaiting strata approval.

Key Features:

• Most exposed retail unit within Hunter Connection

• Future entrance connection to Hunter Street Metro and Wynyard Station

• Approved Pitt Street outdoor seating, with further stair-adjacent seating area awaiting strata approval

• Leased to Buongiorno! Café & Deli with liquor licence

• Prime Sydney financial core location moments from Martin Place, Wynyard, Pitt Street Mall and Circular Quay

• Estimated current pedestrian traffic of 60,000 to 80,000 people per day, forecast to increase to 75,000 to 90,000 following completion of Hunter Street Metro Station

Financial Summary:

• Net Income: $120,000 p.a. + GST

• Lease Commencement: 11 December 2025

• Lease: 5 + 5 years option

• Reviews: 4% annually during the initial term, escalating to 4.5% annually during the option period

• Outgoings: Tenant pays 100% of outgoings

Auction Details:

Auction Date: Tuesday, 21 July 2026 at 10:30am

Location: AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000

For an Information Memorandum, inspection, or further details, please contact one of the exclusive marketing agents:

Lachlan Worthington

+61 421 777 889

[email protected]

Andre Pang

+61 412 615 985

[email protected]

Andre Pang

Service First Property Group

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