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RWC  - Lower North Shore

Shop 3, 48 Yeo Street Neutral Bay, NSW 2089

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Shop 3, 48 Yeo Street,
Neutral Bay, NSW 2089

Shops & Retail

Key property information

Floor area

Tenure type

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RWC  - Lower North Shore
Logan Grisaffe
Frank Bird
Scott Stephens

RWC - Lower North Shore

102 Glover Street
MOSMAN, NSW 2088
RWC  - Lower North Shore
Shop 3, 48 Yeo Street
Neutral Bay, NSW 2089

Map of Shop 3, 48 Yeo Street

Directions

OUTSTANDING ENTRY LEVEL INVESTMENT

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 Inskin Medispa Sydney Pty Ltd who have undertaken a high quality fitout with a 5 year lease in place plus a 5 year option.

Yeo Street provides convenience for commuting only 160 metres* from the B-line Bus Stop directly to and from the CBD and benefits from being surrounded by Woolworths with its abundance of public parking spaces, business amenities, cafés, restaurants and retail shops.

Property Highlights:

• Strata Area of 41 sqm*
• Own bathroom facilities
• Modern mixed use building
• 5 year lease expiring 27th June 2021 plus a 5 year option
• Current net rental income $27,256.92 per annum + GST
• Convenience for commuting only 160 metres* from the B-line Bus Stop
• A 5 minute drive across the Harbour Bridge from Sydney CBD
• Surrounded by business amenities, cafés, restaurants and retail shops

*All figures are approximate

For further information or to arrange an inspection please contact Scott Stephens, Frank bird or Logan Gisaffe (02) 9969 1500

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

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