NORTH SYDNEY

HEART OF NEUTRAL BAY *** MIXED USE COMMERCIAL/RESIDENTIAL

Offered for private treaty, this dual level property consists of a ground floor commercial space (currently operating as a high-end Indian restaurant) and a second storey residential apartment. Right in the centre of Military Roads bustling shopping and caf district, this long-established lifestyle precinct is home to numerous successful restaurants and boutique retail outlets.

Ground floor restaurant area is 113sqm
Restaurant floor: High ceilings, air conditioning, attractive dining room and reception area.
Commercial Kitchen includes grease trap, storage and dual cooler rooms

Residential upper floor area is 54sqm
Situated above the restaurant with its own private entrance.
Embraces an oversized one-bedroom layout with an additional study or guest room.
Fully renovated throughout, its contemporary interiors require nothing more to attract continual substantial returns.
There is an additional space of 22sqm which has been separately metered offering the possibility to convert into a self-contained studio apartment (STCA).

This is a rare opportunity to stake your claim in one of Sydneys major dining and entertainment destinations, home to a vibrant scene attracting local residents and visitors alike.
The property is located along Military Roads busy thoroughfares, footsteps from transport links and the landmark Redlands private school.

PROPERTY DETAILS:
ZONE: Mixed Use B4
HEIGHT LIMIT: 16m
LAND SIZE: 152sqm
BUILDING AREA: 189sqm

INCOME AND LEASE DETAILS:
Gross Income: $85,740 pa
Shop Leased till 2019 plus a 3 year option
Residential currently leased week-to-week

PLEASE CONTACT MARK SMITH 0418 523 007 IF YOU WOULD LIKE FURTHER INFORMATION, AN INSPECTION OF THE PROPERTY.
LOCATION
258 Military Road
Neutral Bay NSW 2089
DETAILS
ID #:
0000329532
Price:
$1,900,000
Type:
Retail/Shops
Land Area:
152 sqm (approx)
Building Size:
189 sqm (approx)
OFFICE & AGENT(S)
Office:
R&W North Sydney
Agent:
Mark Smith
Phone:
02 9929 8944
Mobile:
0418 523 007
Email:
Email
VIEW
View by appointment.
Building & Pest
Strata Report

HEART OF NEUTRAL BAY *** MIXED USE COMMERCIAL/RESIDENTIAL

Offered for private treaty, this dual level property consists of a ground floor commercial space (currently operating as a high-end Indian restaurant) and a second storey residential apartment. Right in the centre of Military Roads bustling shopping and caf district, this long-established lifestyle precinct is home to numerous successful restaurants and boutique retail outlets.

Ground floor restaurant area is 113sqm
Restaurant floor: High ceilings, air conditioning, attractive dining room and reception area.
Commercial Kitchen includes grease trap, storage and dual cooler rooms

Residential upper floor area is 54sqm
Situated above the restaurant with its own private entrance.
Embraces an oversized one-bedroom layout with an additional study or guest room.
Fully renovated throughout, its contemporary interiors require nothing more to attract continual substantial returns.
There is an additional space of 22sqm which has been separately metered offering the possibility to convert into a self-contained studio apartment (STCA).

This is a rare opportunity to stake your claim in one of Sydneys major dining and entertainment destinations, home to a vibrant scene attracting local residents and visitors alike.
The property is located along Military Roads busy thoroughfares, footsteps from transport links and the landmark Redlands private school.

PROPERTY DETAILS:
ZONE: Mixed Use B4
HEIGHT LIMIT: 16m
LAND SIZE: 152sqm
BUILDING AREA: 189sqm

INCOME AND LEASE DETAILS:
Gross Income: $85,740 pa
Shop Leased till 2019 plus a 3 year option
Residential currently leased week-to-week

PLEASE CONTACT MARK SMITH 0418 523 007 IF YOU WOULD LIKE FURTHER INFORMATION, AN INSPECTION OF THE PROPERTY.

MAKE AN ENQUIRY

Request a contract
Enquire
 North Sydney
Phone: (02) 9929 8944  |   Email: mail@rwns.com.au  |  
Ground Floor, 66 Berry Street, North Sydney NSW 2060