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  • Sold
MIXED-USE FREEHOLD INVESTMENT WITH UPSIDE - #1
MIXED-USE FREEHOLD INVESTMENT WITH UPSIDE - #2
MIXED-USE FREEHOLD INVESTMENT WITH UPSIDE - #3
MIXED-USE FREEHOLD INVESTMENT WITH UPSIDE - #4
MIXED-USE FREEHOLD INVESTMENT WITH UPSIDE - #5
MIXED-USE FREEHOLD INVESTMENT WITH UPSIDE - #6
MIXED-USE FREEHOLD INVESTMENT WITH UPSIDE - #7
MIXED-USE FREEHOLD INVESTMENT WITH UPSIDE - #8
MIXED-USE FREEHOLD INVESTMENT WITH UPSIDE - #9
MIXED-USE FREEHOLD INVESTMENT WITH UPSIDE - #10
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.

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
  • 20/06/2022
  • Contact our experts for details on this transaction