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24 Young Street
Neutral Bay NSW 2089
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24 Young Street Neutral Bay NSW 2089

  • Development / Land
  • 836 m²
  • For Sale, Contact Agent

BLUE CHIP DEVELOPMENT OPPORTUNITY

    THE OPPORTUNITY
    Investing in 24 Young Street offers the advantage of a strategic location in a thriving commercial and residential hub, versatile space configurations, and potential for significant development. This property is arguably one of the best development sites on the Lower North Shore with a strong track record of success being surrounded by some highest performing mixed use developments in recent years.

    X FACTORS
    • Development Potential: The property presents significant future development opportunities, making it a valuable investment prospect.
    • Prime Location: Situated in the heart of Neutral Bay, the property is surrounded by popular cafes, restaurants, and shops, contributing to high foot traffic and a vibrant community atmosphere.
    • Versatile Spaces: The building comprises multiple tenancies, including four retail shops and two office suites, offering flexibility for various business needs.
    • Modern Amenities: Features such as high ceilings, ample natural light, and existing restaurant fit-outs in retail spaces make it an attractive option for businesses.

    KEY FEATURES
    - Site Area: 1,264sqm
    - Building Area: 836.1sqm
    - 2 Foors
    - Basement car park of 22 spaces
    - Holding income of $810,111.81 per annum
    - 8 Tenancies on short term leases (one on demo clause)
    - Zoning: MU1 Mixed Use
    - North facing aspect
    - 3 street frontage

    For further information or to arrange an inspection please contact Alex Bennett on 0439 646 997 or Daniel O'Brien on 0404 860 747.

    Property Highlights

    Floor Area1,264 m²
    Land Area836 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019802701
    Category
    Last updated  
    Map for 24 Young Street Neutral Bay NSW 2089

    Nearest transport* to 24 Young Street Neutral Bay NSW 2089

    Bus
    Train
    Tram
    Ferry
    Neutral Bay Junction, Military Rd227 m
    Military Rd Opp Big Bear Shopping Centre240 m
    Wycombe Rd Before Military Rd241 m
    Big Bear Shopping Centre, Military Rd265 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    Property Highlights

    Floor Area1,264 m²
    Land Area836 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019802701
    Category
    Last updated  

    Co-Agents

    Alex Bennett
    X Commercial Lower North Shore
    Call
    0439 646 997
    Daniel O'Brien
    X Commercial Lower North Shore
    Call
    0404860747

    More about 24 Young Street Neutral Bay NSW 2089

    24 Young Street Neutral Bay NSW 2089 is categorized as Land & Development Property. It has a floor area of 1,264 m² and a land area of 836 m². The listing ID for this property is 2019802701.

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