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Property ID: 242954

 

Sold – Another Record Sale By Tom Doran 0407 928 324

8/211 Ben Boyd Road, Neutral Bay, NSW 2089

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...

Sold

Contact Agent

Tom Doran

Rick Doran02 9953 3400