242 Military Road,
Neutral Bay, NSW 2089
Shops & Retail • Hotel, Motel & Leisure • Showrooms & Large Format Retail
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Map of 242 Military Road
Freehold Retail Investment - 3 + 3 + 3 year lease
242 Military Rd NEUTRAL BAY
ABOUT THE TENANT
Bangkok Betty was well established in Mosman prior to moving to a larger site in Neutral Bay earlier this year. Located in Neutral Bay's strong bar/dining strip, the property features a stunning and chic fit out consistent with elite quality operators.
LEASE DETAILS
Tenant: Bangkok Betty
Site Area: 104 m²
Commencement Date: 8 February 2014
Lease Term: 3 Years
Options: 3 Years + 3 Years
Rental Reviews: Annual CPI increases, market at option, if exercised
Current Gross Rent p/a: $48,231.10 p/a gross + GST
Statutory Outgoings:
Council Rates: $ 3,368.24 p/a
Water Rates: $ 706.44 p/a
Land Tax: $ 1,428.00 p/a (approx)
Estimate Total
Net Income $42,728.42 (approx)
AUCTION
Thursday, 30 October 2014
Commencing at 10.30am
Commercial Real Estate Auction Centre
Mezzanine Level, 50 Margaret Street, Sydney
INSPECT
Wednesdays 12.30-1.00pm
and at other times by appointment
For further information, to inspect, or to obtain a full information memorandum please contact below or send an email to tom@dorancommercial.com.au
Tom Doran 0407 928 324
Rick Doran 0408 674 623
ABOUT THE TENANT
Bangkok Betty was well established in Mosman prior to moving to a larger site in Neutral Bay earlier this year. Located in Neutral Bay's strong bar/dining strip, the property features a stunning and chic fit out consistent with elite quality operators.
LEASE DETAILS
Tenant: Bangkok Betty
Site Area: 104 m²
Commencement Date: 8 February 2014
Lease Term: 3 Years
Options: 3 Years + 3 Years
Rental Reviews: Annual CPI increases, market at option, if exercised
Current Gross Rent p/a: $48,231.10 p/a gross + GST
Statutory Outgoings:
Council Rates: $ 3,368.24 p/a
Water Rates: $ 706.44 p/a
Land Tax: $ 1,428.00 p/a (approx)
Estimate Total
Net Income $42,728.42 (approx)
AUCTION
Thursday, 30 October 2014
Commencing at 10.30am
Commercial Real Estate Auction Centre
Mezzanine Level, 50 Margaret Street, Sydney
INSPECT
Wednesdays 12.30-1.00pm
and at other times by appointment
For further information, to inspect, or to obtain a full information memorandum please contact below or send an email to tom@dorancommercial.com.au
Tom Doran 0407 928 324
Rick Doran 0408 674 623
Property ID: 501315795Last Updated: 25 Feb 2015
02 9953 34...
242 Military Road
Neutral Bay, NSW 2089
ICS AgencyLevel 1, 5 George St
NORTH STRATHFIELD, NSW 2137
NORTH STRATHFIELD, NSW 2137
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162 - 164 Military Road,Neutral Bay, NSW 2089 224 m²Shops & Retail • Development Sites & Land