A commanding 2 level freehold building with frontages to both Military Road and Myahgah Mews in the sought after Myahgah Mews Precinct of Spit Junction. The property sits in the busy thoroughfare between Fittness First & Mosman Council
The property is blessed with various angles and buyer segments it will appeal to.
Investors who are looking for a strong return on investment and capital appreciation in one of Sydney's most sought after retail suburbs will find on offer:
- a low maintenance investment
- sought after retail/commercial premises
- a prime position in the sought after Mews
Owner Occupiers With all leases expiring no later than June 2018 there is an opportunity for Owner Occupier to occupy part on all of the premises.
Developers There is the opportunity to put plans into Council whilst tenancies are in place. There is potential for residential conversion or additions along with strating the existing building (STCA). You could also look at a site amalgamation with neighbours.
Site Area:134.48m2
Council Zoning: B2 Local Centre under Mosman Council LEP 2012
Town Planning: F.S.R: 2.5:1.0, height 15 metres.
The property will also suit Strata Developers or Owner Occupiers with all leases expiring no later than June 2018.
Tenancy Profile: There are 4 tenants comprising 2 long term ground floor retail tenants and 2 level 1, boutique commercial offices, each with a balcony.
Retail 1 - Footprint is a retailer of all things running and fitness
Retail 2 - Penny Royal Cafe is immaculately presented busy cafe
Inspection Details
Wednesdays and Saturdays: 11.00am â?? 11.30am, meet outside Penny Royal Cafe on Myahgah Mews
For an information memorandum or if you have any further details please dont hesitate to contact Rick or Tom Doran
Rick Doran
B.Comm Marketing (UNSW) JP, L.R.E.A.
Commercial Sales Director
m 0408 674 623
e rick@dorancommercial.com.au
Tom Doran
Associate Director
Retail Sales & Leasing
Project Marketing & Development Sites
m 0407 928 324
e tom@dorancommercial.com.au
