Opportunities with the shop
Owner Occupiers : Owner Occupiers have the ability to lock in their position in Neutral Bay with this central cosmopolitan location that shop 6/27-35 Grosvenor Street Neutral Bay provides.
Tenants, take the step up and be your own landlord!
Investors : The property is ideal for investors looking for an investment with strong rental return with easy to lease premises beside one of the strongest trading Woolworths in the Southern Hemisphere.
The Building: The Renoir is a prominent 4 level corner building, completed in 2000.
The Premises: Huge fronatge. Retail unit on the northern side of the ground level, plus a 13 sqm car space in the lower basement. The property enjoys a strong versatility of uses.
Current Use: The premises have been used as a hair dressing salon for the past 15 years.
Location: Shop 6/27-35 Grosvenor Street is centered in the vibrant heart of Neutral Bay and is conveniently surrounded by banks, offices, food operators, fine dining, fashion stores and numerous other quality operators
Zoning: The B4 mixed use zoning allows a mixed use of Retail/Residential and Commercial uses with a height limit of 16 metres or 5 levels
Attributes:
- Current estimated net income of $77,724 + GST
- Prominent corner building
- Flexibility of usageWill suit Owner Occupiers and or Investors
- 1 undercover security car space
Lease Status: Tenant is holding over on a monthly lease. The lease expired on the 31st of October 2015.
Area:104 sqm approx excluding parking
Inspection Details - Mondays: 1.00-1.30pm or strictly by appointment
Auction Details (if not sold prior)
Auction Date:Thursday the 3rd of December 2015
Auction Rooms: Commercial Real Estate Auction Centre
Mezzanine Level, 50 Margaret Street, Sydney (Close to Wynyard Station)
Auction Time: Commencing at 10.30am Auction order to be advised closer to the auction
For an information memorandum or if you have any further details please don't hesitate to contact Rick or Tom Doran
Tom Doran
Associate Director
Retail Sales & Leasing
Project Marketing & Development Sites
m 0407 928 324
e tom@dorancommercial.com.au
Rick Doran
B.Comm Marketing (UNSW) JP, L.R.E.A.
Commercial Sales Director
m 0408 674 623
e rick@dorancommercial.com.au