50 Avenue Road Mosman NSW 2088

Ray White Commercial Sydney North as exclusive selling agent has been appointed by the executors for the deceased estate sale of 50 Avenue Road Mosman by Public Auction.

50 Avenue Road represents an outstanding opportunity to acquire a freehold retail property investment with a 140sqm* building on a land area of 134 sqm* in the heart of Mosman on Sydney's Lower North Shore & within close proximity to Sydney CBD.

Just off thriving Military Road - Avenue Road is a hub for locals with longstanding cafes and retailers adjacent to this solid investment property including: BWS, Counting Sheep Cafe, BP Service Station, Avenue Road Deli, Jimmy's Fruit Shop to name a few. The shop is positioned near a bus stop, a few minutes from Mosman Bay Ferry Wharf, not far from Mosman High School and the hum & buzz of Military Road.

The building has been occupied since 2011 by The Compounding Pharmacy Australia Pty Ltd. The current gross rent is $73,018.08* + GST p.a

Property Highlights:

• Land area of 134 sqm*
• Retail area totaling 140 sqm*
• Prime location in Mosman Village
• Outstanding investment with future potential
• Successful long term tenant - The Compounding Pharmacy Australia
• Gross income $73,018.08* + GST p.a
• Sunny rear courtyard
• Perfect position in close proximity to Mosman Bay Ferry, Balmoral Beach and Taronga Zoo

*All figures are approximate

For further information or to arrange an inspection please contact Scott Stephens 0409 960 006