IB Property & Colliers are pleased to present For Sale one of Mosman's largest freestanding buildings prominently positioned amongst multiple high-end boutique retailers.
Generating strong, diversified income from national retailer Sheridan on the ground floor (their highest-performing store) and two smaller longstanding local businesses on Level 1, the asset represents a rare opportunity for prospective purchasers to enhance returns, reposition the asset, and capitalise on underlying planning controls.
Key Highlights:
+ Fully leased investment generating ~$405,767 net per annum from 3 diverse income streams
+ Favourable future rental growth
+ Mixed-use ~410 sqm building with sizeable garden
+ Generous ~491 sqm land size with dual side entries
+ Multiple value-add propositions
+ Future development potential (STCA)
This premium investment will be sold via Public Auction.
+ When: Friday 30 May 2025 commencing 12pm (AEST)
+ Where: On Site, 623-625 Military Road, Mosman
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.