23/09/2026
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For Sale | St Leonards | Restaurant | 171 sqm
Shop 4&5, 38-46 Albany Street St Leonards
Coutts North Sydney are delighted to present Shops 4 and 5 at 38-46 Albany Street, a fully fitted Teppanyaki restaurant for the past 20 years. Held by the one owner since the building was completed and occupied by “Osaka Teppanyaki Restaurant” a renowned restaurant operated by Tom Yong.
This is a strong yielding investment opportunity for investors seeking a solid tenant with a secure lease to 2029, or future owner occupiers seeking a walk-in restaurant operation.
Key Features:
- 171 sqm across two strata titles
- Fully fitted restaurant premises
- Two lightboxes
- Two secure car spaces
- Current gross rental of over $175,000 p.a. + GST
- 3% fixed annual rental increases
- Lease secured through to 2029
- Long-standing 20+ year tenant
- Mechanical exhaust system
- Grease trap access
- Gas kitchen
- Internal bathroom facilities
- Close to all transport inc Metro
- Convenient street parking and nearby council car park
Contact exclusive sales agent at Coutts for all the key details and to arrange a day (or night) inspection.
Coutts North Sydney
Nick Blaxell 0432 597 662