240-242 Great Western Highway Blackheath, NSW 2785

Prominent Village Location | Solid Rental Return | Character-Rich Asset

Seize a rare opportunity to own a landmark Art Deco commercial building consisting of 2 shops in the bustling heart of Blackheath village. Positioned on a generous 540m² block with excellent street frontage and rear access with double garage with potential to lease out also. This character-filled property combines enduring architectural appeal with a strong investment return with the option to add value to the site.

Currently fully leased, the building houses two well-established tenants:
• Pomelo Café, a popular local dining destination with seating for approximately 26 patrons, featuring a commercial kitchen and a charming slow-combustion wood fireplace. Lease ends 09/01/2026.
• Glass Studio, a contemporary gallery and creative retail space, enhancing the building's cultural cachet. Lease ends 10/02/2027.

Investment Highlights:

• Net Rental Income: $71,238 p.a. (excl. outgoings & GST)
• Approx. Rental Yield: 4.75%
• Tenants in Place - Low vacancy risk with long-term potential
• Land Area: 540m² (approx.)

Property Features:

• Classic Art Deco façade and original architectural details
• Polished timber floors & ornate plasterwork throughout
• Reverse-cycle air conditioning units
• Additional office and storeroom spaces
• Bathroom plus two toilets for cafe patrons
• Double lock-up garage with rear lane access, currently used as storage units
• Three separate single carports

This is a standout investment opportunity in one of the Blue Mountains' most sought-after villages. With a strong rental return and future upside, this building will appeal to investors seeking a high-profile, low-maintenance commercial asset. Enquire today to arrange a private inspection and secure your slice of Blackheath history.