24 Young Street Neutral Bay NSW 2089

Offering an abundance of future Development upside, this building represents one of the best Real Estate opportunities across the Lower North Shore in 2024, We are pleased to present this prized asset at 24 Young Street NEUTRAL BAY to the market For Sale via an Expressions of Interest.

Built Circa 1988, 24 Young Street NEUTRAL BAY presents as a once in a generation opportunity to secure a highly sought after Mix use Retail & Commercial Building positioned in the Heart of Neutral Bay.

Facing due north with 3 street frontages and surrounded by some of the best Real Estate in Sydney.

Offering numerous tenancies - 4 Retail shops & 2 offices suites (with the opportunity to have vacancy by July 2026)
Situated close to major retailers including Woolworths Rangers Road, Big Bear Village, Australia Post, Coles, Neutral Bay Medical Centre, The Oaks, and several daycare centres. Nestled in a bustling retail area with high foot traffic and a vibrant community atmosphere.

Seize this rare opportunity to acquire a premier mixed-use commercial building in a prime location. With its strategic positioning, versatile development potential and high demand, this site is perfect for investors and developers looking to make a significant impact in the real estate market.

Property Features:

- Current Income of $718,806.40 p.a.
(potential completely leased circa $1,017,394.80 p.a.)
- Basement parking for 22 vehicles
- Roof top terrace with glimpses to Middle Harbour
- Land size 834.7sqm
- Three street frontages
- Zoned Mu1 (Mixed Use)

Seriously motivated Seller.