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71 Military Road
Neutral Bay NSW 2089
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Sold on 8 Nov 2019

71 Military Road Neutral Bay NSW 2089

  • Shop & Retail
  • 252 m²
  • Sold

CIRCA 5% P.A. NET RETURN

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.

Property Highlights

Date Sold8 Nov 2019
Floor Area252 m²
Land Area155 m²
Parking1 x Onsite parking
Property ID2015218668
Category
Last updated  20 Nov 2019
Map for 71 Military Road Neutral Bay NSW 2089

Nearest transport* to 71 Military Road Neutral Bay NSW 2089

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Property Highlights

Date Sold8 Nov 2019
Floor Area252 m²
Land Area155 m²
Parking1 x Onsite parking
Property ID2015218668
Category
Last updated  20 Nov 2019

Listed by

Tom Appleby
Tom Appleby
Colliers International - North Sydney
Call
+61 405 693 696

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