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 Regina Skin & Beauty Salon who have undertaken a high quality fitout with a 3 year lease in place plus a 3 year option.
The property is ideally situated in the centre of Neutral Bay Village and within walking distance to national retailers including Woolworths, Coles, Australia Post, Chemist Warehouse, Anytime Fitness, as well as specialty stores, niche retailers, financial institutions, professional services, medical specialists, bars, cafes and restaurants.
Shop 3 / 48 Yeo Street, Neutral Bay is surrounded by easy access to public transport which easily connects the property to Sydney CBD, Lower North Shore, Upper North Shore and Northern Beaches.
The property currently has a Gross Income of $39,393 per annum + GST* (As of 3 May 2025).
Property Highlights:
• Net Lettable Area - 41 sqm*
• Entry-level investment opportunity
• Gross Income of $39,393 per annum + GST as of 3 May 2025*
For further details or to arrange an inspection, please contact:
Logan Grisaffe | 0403 916 433
Logan.grisaffe@raywhite.com
Max Stephens | 0429 500 156
Max.stephens@raywhite.com
*All figures are approximate.
