Ray White Commercial Sydney North as exclusive selling Agent is delighted to present this neat-as-a-pin entry level retail investment located at Shop 3/48 Yeo Street Neutral Bay for sale by Public Auction.
48 Yeo Street is a modern mixed use building situated in the heart of Neutral Bay - a mere 5 minute drive across the Harbour Bridge from Sydney CBD. This beautifully presented retail shop is a fantastic opportunity to acquire a commercial investment in Sydney's lower north shore.
Ideally located on the ground level accompanied by four other retail lots, Shop 3 has an area of 41 sqm* including its own bathroom facilities and is tenanted by Inskin Medispa Sydney Pty Ltd who have undertaken a high quality fitout with a 5 year lease in place plus a 5 year option.
Yeo Street provides convenience for commuting only 160 metres* from the B-line Bus Stop directly to and from the CBD and benefits from being surrounded by Woolworths with its abundance of public parking spaces, business amenities, cafés, restaurants and retail shops.
Property Highlights:
• Strata Area of 41 sqm*
• Own bathroom facilities
• Modern mixed use building
• 5 year lease expiring 27th June 2021 plus a 5 year option
• Current net rental income $27,256.92 per annum + GST
• Convenience for commuting only 160 metres* from the B-line Bus Stop
• A 5 minute drive across the Harbour Bridge from Sydney CBD
• Surrounded by business amenities, cafés, restaurants and retail shops
*All figures are approximate
For further information or to arrange an inspection please contact Scott Stephens, Frank bird or Logan Gisaffe (02) 9969 1500
