Ray White Commercial, is pleased to present Shop 2 & 3, 1-5 Mandolong Road Mosman for sale by Private Treaty.

These outstanding retail properties are located in one of the most sought after retail precincts in Sydney. Situated in the heart of Mosman Village, the property benefits from superb street frontage with two exceptional retail tenants of the highest quality, Jo Malone London & M.A.C. Cosmetics both owned by Estee Lauder. The two strata premises are fitted out to the highest retail standard offering excellent presentation.

“The Mandolong” is one of Mosman’s premier boutique mixed use residential and retail developments consisting of 29 residential apartments and six ground floor retail shops with two levels of secure basement parking for the retail and residential tenancies.
Primarily fronting Military Road and wrapping onto Mandolong Road the ground floor retail shops are fully self-contained with private amenities, rear access direct to the car park and floor to ceiling glass frontage which are perfectly positioned to take full advantage of Military Road’s high levels of passing traffic.

The premises has a combined retail area of 194 sqm*, and one exclusive car space each.

The premises has generous proportions and offers the balance of a 5 year lease with a further 5 year option to international retailer Estee Lauder, whose brands, Jo Malone London and M.A.C. have undertaken extensive and well-designed fitouts.
The shops are surrounded by numerous long-standing and successful retailers, cafes and boutiques.

PROPERTY HIGHLIGHTS:
• Lettable area of 194 sqm*
• Exclusive use car space for 2 cars
• Prominent shop front
• Perfectly positioned in close proximity with other iconic Mosman retailers

TENANCY HIGHLIGHTS:
• Estee Lauder is a global cosmetic company
• Net rent $240, 000 + GST per annum*
• Fixed 3% annual rent increases
• Tenant pays all outgoings (from gross rent)
• 5 year lease commencing March 2014 with a 5 year option

For further information, please contact agent Scott Stephens for the Information Memorandum or to arrange inspection of the property.

Note: * Approximate