Colliers International is excited to offer For Sale 71 Military Road, Neutral Bay, a strategically positioned shop-top housing freehold that offers occupiers the opportunity to create their own business identity and offers investors a multitude of value-add propositions.
Key Highlights:
$130,000 p.a. Net Income from dual income streams
Secure Lease covenant
Functional existing floorplate
North-facing; strong natural light
Ideally positioned 50m from Neutral Bay Bus Interchange
Surrounded by an abundance of public and retail amenity
Favourable underlying planning controls; land bank prospect with a potential residential development (via amalgamation) exit strategy (STCA)
Flexibility; Vendor willing to sell with short-term leaseback or with vacant possession
Please contact Tom Appleby or Patrick Yi, the exclusive selling agents, for further information and/or to arrange an inspection.