Premium Retail Investment on 3 + 3 - With Same Tenant In Place Over 25 years
3/2a Waters Road, Neutral Bay, NSW 2089
Location: The property is located on one of Neutral Bay's most prominent corners, in the prime northern precinct, close to Woolworths and with ample customer parking nearby
Existing Improvements: The building is a 2 level brick building that comprises 10 ground floor strata shops and 5 first floor commercial premises. Your neighbours include upmarket restaurants, a dental surgery, specialty retail and offices.
Zoning: "Mixed Use" under the North Sydney L.E.P. 2013, allows a combination of commercial, retail and residential uses (within the building)
Lease and Rentals Synopsis: Richard James Hairdressing In occupation Since 1988
Lease Term: 3 + 3 year lease
Estimated Net Income: $28,636 p.a + GST
Inspections: Open for inspections Wednesday 1-1.45pm or by appointment
Auction: 17/3/2015 (if not sold prior)
For an information memorandum or if you have any further questions please contact Rick or Tom Doran
Tom Doran
Associate Director
Retail Sales and Leasing
Project Marketing and Development Sites
m 0407 928 324
e tom@dorancommercial.com.au