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Colliers International - Sydney North
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71 Military Road Neutral Bay, NSW 2089

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For Sale

71 Military Road Neutral Bay, NSW 2089

Shop & Retail
Sale Price

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Land area

156.0m²

Floor area

252.0m²

Car spaces

1

Parking info

Garage/Secure, Covered

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$130,000
Number of Tenants
2 Tenants

PRICE REDUCED!!! CIRCA 5% P.A. NET RETURN

  • MULTITUDE OF VALUE-ADD PROPOSITIONS
  • STRATEGIC LOCATION
  • NORTH-FACING; STRONG NATURAL LIGHT
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 ID: 503177130Last Updated: 24 Jun 2019

Colliers International - Sydney North
71 Military Road
Neutral Bay, NSW 2089
Tom Appleby
Patrick Yi

Colliers International - Sydney North

Level 42, 100 Miller Street
NORTH SYDNEY, NSW 2060

Agency contacts

Colliers International - Sydney North

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Colliers International - Sydney North

Level 42, 100 Miller Street
NORTH SYDNEY, NSW 2060
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Tom Appleby

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Tom Appleby
Colliers International - Sydney North
71 Military Road Neutral Bay, NSW 2089

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Tom Appleby

    Tom Appleby

    Colliers International - Sydney North
    +61 *** ***
  • Patrick Yi

    Patrick Yi

    Colliers International - Sydney North
    +61 *** ***