117 Johnston Street, Annandale

An exceptional opportunity to acquire a tightly held Inner West retail freehold, steeped in local history and positioned at the very heart of Annandale Village. Trading as The Friendly Grocer, MFC Supermarket has served the Annandale community for more than 80 years, standing as a genuine local landmark and a cornerstone of daily convenience shopping. Offered to the market for the first time since 2008, the property is securely leased to long-term tenants under a 10-year lease, delivering immediate income security while preserving future flexibility. Set on a 189.7 sqm landholding and benefitting from Business zoning with commercial use rights, the asset also presents untapped development potential (STCA), an increasingly rare combination in this tightly held pocket of the Inner West. Positioned along Annandale's vibrant retail strip, with constant foot traffic and a bus stop directly at the doorstep, the property enjoys outstanding exposure and accessibility, underpinning the long-term strength of the tenancy and the location. This is a blue-chip Inner West investment that blends enduring local relevance with compelling fundamentals, offering stability today and meaningful upside for the future. - Landmark retail holding in the heart of Annandale Village - Established local business with over 80 years of trading history - First time offered to the market since 2008 - Secure 10-year lease to long-term tenants - 189.7 sqm landholding with Business zoning - Development upside and repositioning potential (STCA) - High-exposure position with bus stop directly in front