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219/40 Yeo Street
Neutral Bay NSW 2089
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Sold on 1 Oct 2021

219/40 Yeo Street Neutral Bay NSW 2089

  • Offices
  • 69 m²
  • Sold

THE BEST STRATA OFFICE BUILDING IN NEUTRAL BAY

  • WITHIN STAGE 1 - CORRIDOR PLANNING STUDY
  • NEUTRAL BAYS BEST STRATA BUILDING
  • 3 YEAR LEASE IN PLACE

Situated within the best commercial strata building in Neutral Bay sits this 69sqm strata office fronting Yeo street with a calming leafy outlook. The suite itself is located on the top floor of this 2-story building with natural light flowing effortlessly throughout, a welcoming reception area, 2 partitioned offices, an open plan work space area, the modern creative vibe of the building if further enhanced by the open atrium and internal feature gardens and sculptured common areas
KEY PROPERTY FEATURES:

• 69sqm total floor area
• 1 car space on title
• Welcoming reception
• Glass partitioned offices
• Well presented with fresh carpet
• 3 year lease in place
• Commencing: 24.10.2019
• Income: $50,715.00 p.a. + GST
• Outgoings: 100% paid by the tenant including management fees

The positioning of the building is sensational in that it is not crowded by the busy traffic along Military Road but is still located only a 30 second walk to the popular cafes and eateries. You are placed only a short 10 minute drive to Chatswood with a similar timed drive to the city, all while having access to multiple bus routes just outside the building.

Strategically positioned in North Sydney councils "Military Road CORRIDOR PLANNING STUDY - STAGE 1 PRECINCT", future directions for the Neutral Bay Town Centre. The planning study calls for an increase in height limit, dedication of land for development and construction as well as delivery of public spaces and amenities within the designated staged locations. 40 Yeo Street Neutral Bay sits within the stage 1 location of the planning study and on the cusp of suggested dedication of land. Coupled with an already developable B4 mixed use zoning, in conjunction with the suggested increase for non residential floor space ratio control, this site (STCA) is currently under review for future development and construction to the benefit of the local community.

For further information or to receive the property brochure, please Contact Nick Moloney the exclusive selling agent - 0477 545 111

Property Highlights

Date Sold1 Oct 2021
Floor Area69 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
Parking1 x Onsite parking
Property ID2017171348
Category
Last updated  4 Oct 2021
Map for 219/40 Yeo Street Neutral Bay NSW 2089

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Property Highlights

Date Sold1 Oct 2021
Floor Area69 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
Parking1 x Onsite parking
Property ID2017171348
Category
Last updated  4 Oct 2021

Listed by

Nick Moloney
Nick Moloney
Raine & Horne Commercial North Sydney
Call
0477545111

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