1-3/154 Military Road,
Neutral Bay, NSW 2089

A fantastic opportunity to secure two "blue chip" tenants in bustling retail precinct.

The property boasts an 18m+ frontage on the busy Military Road. The ground floor space consists of 385m2 prime retail with additional 40m2 storage.

The property is leased to Australia's No. 1 health and beauty retailer The Chemist Warehouse. The current lease has a further 5 years to run with options until 2032. The retail giant benefits from complementary businesses within the complex including a medical centre, dental practice and veterinary clinic.

HSBC provide additional income with a 5 year lease for an ATM. Furthermore, there are 11 car spaces on title. Many are individually let for a third revenue stream.

The current gross income is $352,492 + GST per annum.

With many mixed use and residential developments recently completed, being developed and in the pipeline, this consistent asset is well worth considering.

For further details, call Haran on 0424 277 7....