Learn more about this property online at:
https://www.colliers.com.au/p-aus66014094
https://www.colliers.com.au/p-aus66014094
- Sold
Strategically positioned on Neutral Bay’s tightly held retail strip, in between Neutral Bay and Cremorne Town Centre, this terrific two-storey shop-top housing investment comprises a popular Chinese restaurant on the ground floor, a refurbished 2-bedroom apartment on the first floor and an additional separately metered 26 sqm ‘tenancy’ also on the first floor.
Key Highlights:
+ Prime Lower North Shore Location
+ Dual income streams with staggered lease expiries
+ Genuine potential to create third income stream (STCA)
+ F&B provisions including grease trap (770L) & exhaust
+ Excellent Military Road exposure
+ Rear lane access
+ Regularly shaped parcel of land
+ Future development potential via amalgamation (STCA)
For Sale ‘Pre-Auction’ via Private Placement.
For further information and/or to arrange a private inspection, please contact the exclusive listing agents.
Key Highlights:
+ Prime Lower North Shore Location
+ Dual income streams with staggered lease expiries
+ Genuine potential to create third income stream (STCA)
+ F&B provisions including grease trap (770L) & exhaust
+ Excellent Military Road exposure
+ Rear lane access
+ Regularly shaped parcel of land
+ Future development potential via amalgamation (STCA)
For Sale ‘Pre-Auction’ via Private Placement.
For further information and/or to arrange a private inspection, please contact the exclusive listing agents.
Features
Total Area - M
NLA 214 m²* SITE 153 m²*
High Exposure
PRIME MILITARY ROAD FRONTAGE
Net Income
5+5 YEAR RETAIL LEASE
New Development / Repositioning
MIXED USE ZONING + 16m HEIGHT LIMIT
