Shop 2, 154 - 158 Military Road,
Neutral Bay, NSW 2089
Shops & Retail
Key property information
Floor area
Car spaces
Parking info
Tenure type
Sold on
RWC - Lower North Shore
102 Glover StreetMOSMAN, NSW 2088
Shop 2, 154 - 158 Military Road
Neutral Bay, NSW 2089
Map of Shop 2, 154 - 158 Military Road
NATIONAL TENANT INVESTMENT | BUSY LOCATION IN AFFLUENT SUBURB
Ray White Commercial Sydney North as the exclusive selling agent is pleased to present Shop 2 / 154 - 158 Military Road, Neutral Bay.
Chemist Warehouse is the anchor retail tenant of a prominent mixed-use building with a commanding presence on Military Road due to its 18m* of street frontage is Shop 2, 154 - 158 Military Road, Neutral Bay. On offer is a fantastic opportunity to acquire an outstanding commercial investment, occupied by Leading National Tenant, Chemist Warehouse on a long lease on Sydney's Lower North Shore.
Diversifying the revenue stream is the additional income provided from the 11 separately leased car spaces, together with the Chemist Warehouse tenancy, brings the gross income to $364,949 per annum + GST*.
Spanning a lettable area of 385 sqm*, the property offers fantastic exposure to Military Road with rear access for loading and 11 x car spaces, with its positioning further enhanced with the proximity of complementary businesses within the complex including a Medical Practice, Dental Practice, Veterinary clinic and specialist consulting rooms.
The property is ideally situated in the centre of Neutral Bay Village and within walking distance to national retailers including Woolworths, Coles, Australia Post, Anytime Fitness, as well as specialty stores, niche retailers, financial institutions, professional services, medical specialists, bars, cafes and restaurants.
Shop 2 / 154 - 158 Military Road, 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.
Property Highlights:
• Tenanted Investment with Leading National Tenant, Chemist Warehouse
• 385 sqm* + Storage
• 11 x Secure car spaces on separate leases
• Gross Income of $364,949 per annum + GST*
*All figures are approximate.
For further information or to arrange an inspection please contact:
Scott Stephens | 0434 341 0...
scott.stephens@raywhite.com
Logan Grisaffe | 0403 916 4...
logan.grisaffe@raywhite.com
Chemist Warehouse is the anchor retail tenant of a prominent mixed-use building with a commanding presence on Military Road due to its 18m* of street frontage is Shop 2, 154 - 158 Military Road, Neutral Bay. On offer is a fantastic opportunity to acquire an outstanding commercial investment, occupied by Leading National Tenant, Chemist Warehouse on a long lease on Sydney's Lower North Shore.
Diversifying the revenue stream is the additional income provided from the 11 separately leased car spaces, together with the Chemist Warehouse tenancy, brings the gross income to $364,949 per annum + GST*.
Spanning a lettable area of 385 sqm*, the property offers fantastic exposure to Military Road with rear access for loading and 11 x car spaces, with its positioning further enhanced with the proximity of complementary businesses within the complex including a Medical Practice, Dental Practice, Veterinary clinic and specialist consulting rooms.
The property is ideally situated in the centre of Neutral Bay Village and within walking distance to national retailers including Woolworths, Coles, Australia Post, Anytime Fitness, as well as specialty stores, niche retailers, financial institutions, professional services, medical specialists, bars, cafes and restaurants.
Shop 2 / 154 - 158 Military Road, 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.
Property Highlights:
• Tenanted Investment with Leading National Tenant, Chemist Warehouse
• 385 sqm* + Storage
• 11 x Secure car spaces on separate leases
• Gross Income of $364,949 per annum + GST*
*All figures are approximate.
For further information or to arrange an inspection please contact:
Scott Stephens | 0434 341 0...
scott.stephens@raywhite.com
Logan Grisaffe | 0403 916 4...
logan.grisaffe@raywhite.com
Additional information
External websites
Neutral Bay, 2089 demographic data
The median household income for Neutral Bay is $2,443, 18% higher than Greater Sydney's household income of $2,077. Neutral Bay has an older age profile compared to the rest of Greater Sydney (median age 38 vs 37). Property ownership data shows 46% of property owners in Neutral Bay have a mortgage.
10,090
Population
$2,443 per week
Median household income
38 years
Median age
Renters
Most residents
Families
Most households
RWC - Lower North Shore102 Glover Street
MOSMAN, NSW 2088
MOSMAN, NSW 2088
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