Shop 4 / 4 Rangers Road,
Neutral Bay, NSW 2089
Shops & Retail
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Map of Shop 4 / 4 Rangers Road
MODERN RESTAURANT OPPOSITE WOOLWORTHS
- 5 + 5 year Lease
- Tenant in occupation since 2011
- Rare Neutral Bay retail opportunity
Shop 4, 4 Rangers Road, Neutral Bay is a prime retail investment located opposite Woolworths with a 5 + 5 year lease to a longstanding tenant. 3 Addictions an Italian Restaurant & Pizzeria have been in occupation since 2011.
The property provides secure income with an initial lease expiry of July 2026 and a further 5 year option to 2031. In built CPI increases provide a hedge to inflation.
The Lessee is personally liable for the Lease and there is also a security deposit in place. Neutral Bay is an affluent and waterfront suburb on the Lower North Shore, strategically positioned 1.5 kms north of the Sydney CBD. It’s residents have a 150% greater disposable income compared to the NSW average.
Key Selling Features:
- 5 + 5 year Lease
- Tenant in occupation since 2011
- Prime position
- 62 sqm + 1 car space
- CPI increases
- Excellent security
- Modern complex
- Rare Neutral Bay retail opportunity
- Net Income of $65,000 + GST pa
- Opposite Woolworths
The property provides secure income with an initial lease expiry of July 2026 and a further 5 year option to 2031. In built CPI increases provide a hedge to inflation.
The Lessee is personally liable for the Lease and there is also a security deposit in place. Neutral Bay is an affluent and waterfront suburb on the Lower North Shore, strategically positioned 1.5 kms north of the Sydney CBD. It’s residents have a 150% greater disposable income compared to the NSW average.
Key Selling Features:
- 5 + 5 year Lease
- Tenant in occupation since 2011
- Prime position
- 62 sqm + 1 car space
- CPI increases
- Excellent security
- Modern complex
- Rare Neutral Bay retail opportunity
- Net Income of $65,000 + GST pa
- Opposite Woolworths
Property ID: 504309360Last Updated: 4 Jun 2024
02 9925 00...
Shop 4 / 4 Rangers Road
Neutral Bay, NSW 2089
Stanton Hillier Parker - North SydneyLevel 7/ 2 Elizabeth Plaza
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
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162 - 164 Military Road,Neutral Bay, NSW 2089 224 m²Shops & Retail • Development Sites & Land
