• Sold
CIRCA 5% P.A. NET RETURN
CIRCA 5% P.A. NET RETURN
CIRCA 5% P.A. NET RETURN
CIRCA 5% P.A. NET RETURN
CIRCA 5% P.A. NET RETURN

For Sale

Colliers International is excited to offer For Sale 71 Military Road, Neutral Bay, a strategically positioned shop-top housing freehold that offers occupiers the opportunity to create their own business identity and offers investors a multitude of value-add propositions.

Key Highlights:
•$130,000 p.a. Net Income from dual income streams
•Secure Lease covenant
•Functional existing floorplate
•North-facing; strong natural light
•Ideally positioned 50m from Neutral Bay Bus Interchange
•Surrounded by an abundance of public and retail amenity
•Favourable underlying planning controls; land bank prospect with a potential residential development (via amalgamation) exit strategy (STCA)
•Flexibility; Vendor willing to sell with short-term leaseback or with vacant possession


Please contact Tom Appleby or Patrick Yi, the exclusive selling agents, for further information and/or to arrange an inspection.

Property Details

  • 17/11/2019
  • Contact our experts for details on this transaction