8 of 211 Ben Boyd Road offers both Investors and Owner Occupiers alike the opportunity to invest in one of Neutral Bay's most prominent, centrally located retail/commercial buildings.
Location: Situated on leafy Grosvenor street the property is surrounded by upmarket cafes and dining hot spot like Italian Street Kitchen, Firefly, The Oaks Hotel, Wild Basket and Bourke Street Bakery
Area: Strata area 115sqm excluding parking
Parking: Much sought after 2 security tandem car spaces, located on ground level conveniently off Grosvenor lane.
The Building: The suite is located on the prominent corner of Grosvenor St and Ben Boyd Rd, Neutral Bay. It comprises 8 low rise retail/commercial strata units constructed in 1983. As such the property has significant development potential (stca)
Description: The two level premises has been brilliantly fitted out to a high architectural standard. It features:
- Self-contained amenities x 2
- Huge diagonal glass awning
- Exceptional joinery
- Prominent signage and entry off Grosvenor St
Outgoings: Included in investment memorandum upon request
Opportunities with the Property
Owner Occupiers have the opportunity to run their businesses from sophisticated premises in the heart of Neutral Bay.
Investors have the opportunity to receive an up market long tern tenant seeking sophisticated central premises.
The strata complex also has long term Development Potential as the current town planning allows a height of 16m or 5 levels with the current strata building only 3 levels, excluding the undeveloped rear car parking area.
There is also the possibility to convert the premises into residential, subject to Council and Body Corporate.
For further details or for a full information memorandum please contact
Tom Doran
Associate Director – Retail Sales and Leasing, Project Marketing and Development Sides
(p) 9953 3400
(m) 0407 928 324
(e) tom@dorancommercial.com.au
Rick Doran
Commercial Sales Director
(p) 9953 3400
(m) 0408 674 623
(e) rick@dorancommercial.com.au