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258 Military Road
Neutral Bay NSW 2089
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Sold on 22 Jun 2022

258 Military Road Neutral Bay NSW 2089

  • Shop & Retail
  • 214 m²
  • Sold

MIXED-USE FREEHOLD INVESTMENT WITH UPSIDE

  • 5+5 YEAR RETAIL LEASE
  • MULTIPLE VALUE ADD PROPOSITIONS
  • STRATEGIC LOCATION

Strategically positioned on Neutral Bay's tightly held retail strip, in between Neutral Bay and Cremorne Town Centre, this terrific two-storey shop-top housing investment comprises a popular Chinese restaurant on the ground floor, a refurbished 2-bedroom apartment on the first floor and an additional separately metered 26 sqm 'tenancy' also on the first floor.

Key Highlights:
+ Prime Lower North Shore Location
+ Dual income streams with staggered lease expiries
+ Genuine potential to create third income stream (STCA)
+ F&B provisions including grease trap (770L) & exhaust
+ Excellent Military Road exposure
+ Rear lane access
+ Regularly shaped parcel of land
+ Future development potential via amalgamation (STCA)

For Sale 'Pre-Auction' via Private Placement.

For further information and/or to arrange a private inspection, please contact the exclusive listing agents.

Colliers International - North Sydney
Colliers International - North Sydney
Level 42,
North Sydney, NSW 2060

Property Highlights

Date Sold22 Jun 2022
Floor Area214 m²
Land Area153 m²
Parking1 x Onsite parking
Property ID2017181504
Category
Last updated  23 Aug 2021
Map for 258 Military Road Neutral Bay NSW 2089

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Colliers International - North Sydney
Colliers International - North Sydney
Level 42,
North Sydney, NSW 2060

Property Highlights

Date Sold22 Jun 2022
Floor Area214 m²
Land Area153 m²
Parking1 x Onsite parking
Property ID2017181504
Category
Last updated  23 Aug 2021

Listed by

Tom Appleby
Tom Appleby
Colliers International - North Sydney
Call
+61 405 693 696

More about 258 Military Road Neutral Bay NSW 2089

258 Military Road Neutral Bay NSW 2089 is categorized as Shop & Retail Property. It has a floor area of 214 m² and a land area of 153 m². There are 1 x onsite parkings.The listing ID for this property is 2017181504.

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