Neutral Bay, NSW 2089

Development/Land | Retail | Showrooms

For Sale Contact Agent

  • Property ID: 383473
  • Floor Area: 50m²
  • Land Area: 220m²
  • Occupancy: Vacant
"LAND AHOY"

Massive frontage of over 24 metres to Falcon Street, with driveway access. Land Area approximately 220 sqm, Currently on an expired lease for approximately $50,000 per year.
The property is located 140 metres from Neutral Bay's Major Bus interchange with frequent services to St Leonards, Chatswood, North Sydney, Sydney CBD, Northern Beaches B-Line. The property is surrounded by cafes, restaurants, and supermarkets.
Only two sets of traffic lights to Sydney's CBD.
This unique property offers flexibility and excellent exposure in a prime Lower North Shore location. Key highlights include:
• Excellent Road exposure with 42,276 average daily passing cars (2018)
• Potential future development upside; North Sydney Council is currently undertaking a Falcon & Military Road Corridor Planning Study to investigate the potential for increased density in the precinct

Neutral Bay Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $746 ---
Offices $9122 $506 5.55%
This is the average advertised price, rent and yield for Neutral Bay, NSW 2089*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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