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RWC  - Lower North Shore

Shop 2, 154 - 158 Military Road Neutral Bay, NSW 2089

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Shop 2, 154 - 158 Military Road,
Neutral Bay, NSW 2089

Shops & Retail

Price information

Sale

CIRCA 6% NET YIELD

Key property information

Floor area

Car spaces

Parking info

Tenure type

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RWC  - Lower North Shore
Logan Grisaffe
Scott Stephens

RWC - Lower North Shore

102 Glover Street
MOSMAN, NSW 2088
RWC  - Lower North Shore
Shop 2, 154 - 158 Military Road
Neutral Bay, NSW 2089

Map of Shop 2, 154 - 158 Military Road

Directions
  • Train stations within 5 km of Shop 2, 154 - 158 Military Road, Neutral Bay, NSW 2089Distance
    Victoria Cross North1.3 km
    Victoria Cross South1.5 km
    North Sydney Station1.7 km
    Milsons Point Station1.9 km
    Crows Nest Station2.1 km
    POWERED BY HERE ©
  • Tram stops within 5 km of Shop 2, 154 - 158 Military Road, Neutral Bay, NSW 2089Distance
    Circular Quay Wharf3.6 km
    Wynyard Station4.2 km
    Star City Light Rail Station4.7 km
    Pyrmont Bay Light Rail Station4.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Shop 2, 154 - 158 Military Road, Neutral Bay, NSW 2089Distance
    Military Rd at Bydown St69 m
    Neutral Bay Junction, Military Rd, Stand E87 m
    Wycombe Rd Before Military Rd188 m
    Military Rd at Watson St213 m
    Wycombe Rd After Military Rd218 m
    POWERED BY HERE ©
POWERED BY HERE ©

NATIONAL TENANT INVESTMENT | BUSY LOCATION IN AFFLUENT SUBURB

Ray White Commercial Sydney North as the exclusive selling agent is pleased to present Shop 2 / 154 - 158 Military Road, Neutral Bay.

Chemist Warehouse is the anchor retail tenant of a prominent mixed-use building with a commanding presence on Military Road due to its 18m* of street frontage is Shop 2, 154 - 158 Military Road, Neutral Bay. On offer is a fantastic opportunity to acquire an outstanding commercial investment, occupied by Leading National Tenant, Chemist Warehouse on a long lease on Sydney's Lower North Shore.

Diversifying the revenue stream is the additional income provided from the 11 separately leased car spaces, together with the Chemist Warehouse tenancy, brings the gross income to $364,404 per annum + GST*.

Spanning a lettable area of 385 sqm*, the property offers fantastic exposure to Military Road with rear access for loading and 11 x car spaces, with its positioning further enhanced with the proximity of complementary businesses within the complex including a Medical Practice, Dental Practice, Veterinary clinic and specialist consulting rooms.

The property is ideally situated in the centre of Neutral Bay Village and within walking distance to national retailers including Woolworths, Coles, Australia Post, Anytime Fitness, as well as specialty stores, niche retailers, financial institutions, professional services, medical specialists, bars, cafes and restaurants.

Shop 2 / 154 - 158 Military Road, Neutral Bay is surrounded by easy access to public transport which easily connects the property to Sydney CBD, Lower North Shore, Upper North Shore and Northern Beaches.

Property Highlights:
• Tenanted Investment with Leading National Tenant, Chemist Warehouse
• 385 sqm* + Storage
• 11 x Secure car spaces on separate leases
• Gross Income of $364,404 per annum + GST*

*All figures are approximate.

For further information or to arrange an inspection please contact:
Scott Stephens | 0434 341 0...
scott.stephens@raywhite.com

Logan Grisaffe | 0403 916 4...
logan.grisaffe@raywhite.com

Additional information

Property ID: 504712100Last Updated: 20 Dec 2024

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