139 Military Road,
Neutral Bay, NSW 2089

CI Australia, as the exclusive selling agent, is delighted to offer 139 Military Road, Neutral Bay For Sale by Auction on Tuesday 17th May 2022.

139 Military Road, Neutral Bay is one of a kind.

This sensational investment property is a two storey retail and commercial freehold located in the heart of Neutral Bay. The property has been fully leased since 2015 to four longstanding and established tenants.

This exciting opportunity is further enhanced having been strata sub divided into 5 lots whilst also having huge development potential.

Located in the heart of Neutral Bay the property holds an enviable position fronting onto a Council Plaza providing the cafe with outdoor seating tucked away from Military Road. The Barry Street council car park is located to the rear of the property providing 2 hours free parking.

Approximately 70,000 vehicles pass the property daily providing exceptional exposure whilst having access to quieter areas off the main road.

KEY FEATURES
- Fully Leased Freehold Investment
- Enviable Corner Position
- Fully Leased since 2015
- New Leases now in place
- Huge Development Potential
- Exposure to 70,000 vehicles daily
- 46.2m* retail frontage
- Adjoins May Gibbs Place Public Plaza
- Opposite Neutral Bay Post Office
- Barry Street Car Park to the rear
- 257.5sqm* of Land
- Demolition clauses in all leases
- Already Strata Sub Divided
- Net Income $240,000 + GST (approx.)

For more information or a copy of the contract, contact Nick Lowry on 0408 891 376

*approx.