For Sale
240-242 Great Western Highway,
Blackheath 2785, New South Wales
$1,450,000 - $1,550,000
Property details
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Agents
Prime Art Deco Investment in the Heart of Blackheath Village
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.
Inspections
Explore the area
School catchments
- Blackheath Public School Primary K-6 Government 0.46km
- Mountains Christian College Combined K-12 Independent 0.88km
- Mount Victoria Public School Primary K-6 Government 5.7km
- OneSchool Global NSW - Mount Victoria Combined 3-12 Independent 6.0km
- Katoomba North Public School Primary K-6 Government 7.6km
- St Canice's Primary School Primary K-6 Catholic 9.3km
- Katoomba Public School Primary K-6 Government 9.7km
- Leura Public School Primary K-6 Government 9.7km
- Megalong Public School Primary K-6 Government 10.2km
- Katoomba High School Secondary 7-12 Government 10.6km
- Kindlehill School Combined K-12 Independent 11.3km
- Blue Mountains Grammar School Combined K-12 Independent 11.4km
- Wentworth Falls Public School Primary K-6 Government 12.0km
- Lawson Public School Primary K-6 Government 16.3km
- Our Lady of The Nativity Primary School Primary K-6 Catholic 17.1km
- Korowal School Combined K-12 Independent 17.3km
- Lithgow High School Secondary 7-12 Government 19.9km
- La Salle Academy Lithgow Secondary 7-12 Catholic 21.0km
- Springwood High School Secondary 7-12 Government 25.2km
- St Columba's Catholic College Secondary 7-12 Catholic 28.3km
- Winmalee High School Secondary 7-12 Government 30.9km
- Wycliffe Christian School Combined K-12 Independent 32.0km
- Blaxland High School Secondary 7-12 Government 32.7km
- Kuyper Christian School Combined K-12 Independent 37.2km
- The Lakes Christian College Combined K-12 Independent 37.4km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Photos
Floorplan
Contact Alan Gregory
Contact Alan Gregory
Alan Gregory
240-242 Great Western Highway, Blackheath NSW 2785
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Alan Gregory
240-242 Great Western Highway, Blackheath NSW 2785