Added 3 days ago
246 - 248 Military Road,
Neutral Bay, NSW 2089
Shops & Retail • Development Sites & Land • Medical & Consulting
Added 3 days ago
Price information
Sale
$4,500,000
Key property information
Land area
Floor area
Car spaces
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 246 - 248 Military Road
Train stations within 5 km of 246 - 248 Military Road, Neutral Bay, NSW 2089 Distance North Sydney Station 1.9 km Milsons Point Station 2 km Waverton Station 2.6 km St Leonards Station 2.9 km Wollstonecraft Station 3 km POWERED BY HERE ©Tram stops within 5 km of 246 - 248 Military Road, Neutral Bay, NSW 2089 Distance Star City Light Rail Station 4.8 km Pyrmont Bay Light Rail Station 5 km POWERED BY HERE ©Bus stops within 5 km of 246 - 248 Military Road, Neutral Bay, NSW 2089 Distance Military Rd Opp Hampden Av 80 m Rangers Rd Before Military Rd 134 m Military Rd Before Hampden Av 161 m Wycombe Rd After Military Rd 185 m Neutral Bay Junction, Military Rd, Stand E 214 m POWERED BY HERE ©
POWERED BY HERE ©
HIGH EXPOSURE RETAIL FREEHOLD, WITH DEVELOMENT UPSIDE (STCA)
- Highly Exposed retail Restaurant
- Zoned MU1, Height Limit: 16m (Currently)
- Future Development Upside (STCA)
ATTENTION OWNER OCCUPIERS & ASTUTE INVESTORS
This perfectly positioned pair of dual commercial Freehold terraces on 354.1sqm, is located in the heart of Neutral Bay village, Surrounded by numerous highly successful retail shops, bars & Restaurants. Currently occupied by a long standing Japanese Restaurant (20+ Years), plus a Sub tenancy to a Saloon upstairs.
- Current income is approximately $135,000 p.a.
- Total Approximate NLA = 304sqm
- In excess of 53,000 vehicles passing each day
- Off street parking for 2 cars
- Zoned MU1 (Mixed Use), 16m Height limit (Currently)
- Total Land size = 354.1sqm
With numerous, sizable developments earmarked for Neutral Bay's Military Road Corridor within the next 5 years, this could by one of last opportunities to get in before prices start to significantly increase again.
If you require any further information or wish to inspect the property, please contact Exclusive Agent.
This perfectly positioned pair of dual commercial Freehold terraces on 354.1sqm, is located in the heart of Neutral Bay village, Surrounded by numerous highly successful retail shops, bars & Restaurants. Currently occupied by a long standing Japanese Restaurant (20+ Years), plus a Sub tenancy to a Saloon upstairs.
- Current income is approximately $135,000 p.a.
- Total Approximate NLA = 304sqm
- In excess of 53,000 vehicles passing each day
- Off street parking for 2 cars
- Zoned MU1 (Mixed Use), 16m Height limit (Currently)
- Total Land size = 354.1sqm
With numerous, sizable developments earmarked for Neutral Bay's Military Road Corridor within the next 5 years, this could by one of last opportunities to get in before prices start to significantly increase again.
If you require any further information or wish to inspect the property, please contact Exclusive Agent.
Property ID: 504627196Last Updated: 29 Jun 2024
0420 309 2...![realcommercial.com.au logo](/listing-ui-assets/img/rca-logomark.svg)
246 - 248 Military Road
Neutral Bay, NSW 2089
Coutts ChatswoodLevel 5, 7 Railway Street
CHATSWOOD, NSW 2067
CHATSWOOD, NSW 2067
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PLEASE CONTACT EXCLUSIVE AGENT
Shop 249, 813 Pacific Highway,Chatswood, NSW 2067 43 m²Shops & Retail • Medical & Consulting • Offices