For Sale

Shop 4/4-8 Waters Road,
Neutral Bay 2089, New South Wales

1 car space
42m² building size
Retail

CIRCA 6.55% NET YIELD


Property details

RETAIL INVESTMENT OPPORTUNITY TO ESTABLISHED FOOD OPERATOR | NEUTRAL BAY

Ray White Commercial Sydney North as the exclusive selling agent is pleased to present Shop 4, 4 - 8 Waters Road, Neutral Bay for sale via Private Treaty.

4 - 8 Waters Road is a modern mixed-use building situated in the heart of Neutral Bay, with 65 car spaces at its doorstep, being in the retail precinct surrounding the new Coles Neutral Bay Grosvenor Street. The property is a mere 5 minute* drive across the Harbour Bridge from Sydney CBD. This excellent retail shop is a fantastic opportunity to acquire a commercial investment in Sydney's Lower North Shore.

Shop 4 has an area of 42 sqm*, including kitchen and dining area, tenanted by Ken-Chan Curry offering a traditional Japanese cuisine, currently on a 5-year Lease.

The property is ideally situated in the centre of Neutral Bay Village and within walking distance to national retailers including Coles, Australia Post, Chemist Warehouse, Anytime Fitness, Dan Murphy's, as well as specialty stores, niche retailers, financial institutions, professional services, medical specialists, bars, cafes and restaurants.

Shop 4/ 4 - 8 Waters Road is surrounded by multiple options for public transport which easily connects the property to Sydney CBD, Lower North Shore, Upper North Shore and Northern Beaches, with the B-Line bus stop only 200m* away.

The property currently has a Net Income of $78,596 per annum + GST* with the tenant paying 100% of outgoings additionally.

Property Highlights:

• Net Lettable Area | 42 sqm*
• 1x Car Space
• Net Income of $78,596 per annum + GST*
• Currently tenanted by Ken-Chan Curry on a 5-year lease
• Easily accessible via public transport
• Prime location in the Heart of Neutral Bay

*All figures are approximate

For further information or to arrange an inspection please contact:

Logan Grisaffe | 0403 916 433
logan.grisaffe@raywhite.com

Max Stephens | 0429 500 156
max.stephens@raywhite.com

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