Ray White Commercial Sydney North is delighted to present 12 Spit Road, Mosman for Sale by Public Auction.
Perfectly positioned at Spit Junction, this original retail/commercial property presents an opportunity for the astute buyer to invest, occupy or develop. With direct rear access and parking/ loading bay for 4 cars and direct thoroughfare to Bridgepoint Shopping Centre.
The property consists of a 90sqm* ground floor retail area fronting Spit Junction and a commercial office space of 80sqm* on level one. The property has a gross income stream of $112,795 per annum + GST* with the potential for substantial rental growth.
With a land area of 219 sqm* and building area of 170 sqm*, the site benefits from a E1 Local Centre zoning, a Floor Space Ratio of 2.5:1 and a height limit of 15 metres allowing for generous future development to add value (STCA).
Perfectly positioned in one of the most exclusive suburbs in Sydney, 12 Spit Road, Mosman is only 9km* to Sydney CBD. Surrounded by well-established retailers including Priceline Pharmacy, Harris Farm, Aldi, IGA, Fitness First, Officeworks, Dracakis Jewellers and many more.
Mosman offers a wonderful lifestyle full of exclusive fashion retailers, eateries, providers, cafes and restaurants. With its main road location, 12 Spit Road is surrounded by easy access to public transport including buses and ferries which easily connects the property to Sydney CBD and Northern Beaches.
Property Highlights:
• Land Area - 219 sqm*
• Building Area - 179 sqm*
• Gross Income on a fully leased basis - $112,795 per annum + GST*
• 4 Car spaces / loading bay
• Rear access and thoroughfare to Bridgepoint
• Perfectly positioned in one of the most exclusive suburbs in Sydney and only 9km* to Sydney CBD.
• Surrounded by well established retailers including Priceline Pharmacy, Harris Farm, IGA, Aldi, Fitness First, Officeworks, Dracakis Jewellers and more.
* All figures are approximate
For further details or to arrange an inspection, please contact:
Scott Stephens | 0434 341 001
scott.stephens@raywhite.com
