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Shop 2 & 3/24 Young Street
Neutral Bay NSW 2089

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 131m2
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LANDMARK CORNER POSTION ON BUSTLING YOUNG STREET IN NEUTRAL BAY

Situated just off the bustling arterial Military Road, is Shop 2 & 3 / 24 Young Street, Neutral Bay in a Landmark corner position. Offering 131sqm* of expansive retail space in Neutral Bay's food and beverage hub, this turnkey opportunity offers a complete restaurant fit-out, generous glass street frontage providing ample natural light into the venue and excellent exposure for any business.
Ideal for cafes, restaurants or other food and beverage operators, Shops 2 & 3/24 Young Street is complete with a kitchen as well as both male and female bathroom facilities. With a spacious layout and creative fitout currently in place, the premise offers an outstanding opportunity.
The shop is ideally situated in Neutral Bay's food and beverage hub and surrounded by long standing leading retailers including Chemist Warehouse, Woolworths, Priceline, Grill'd, So Cal, Bourke Street Bakery and more. Complementing the location further is the public transport options within walking distance, including the B-Line bus stop that provides direct access to and from Sydney CBD, providing ease of access as well as generous amounts of foot and vehicular traffic daily.
Property Highlights:
• 131 sqm*
• 18- Month lease term available
• Outdoor seating available (STCA)
• 1x Secure Car Space
• Grease trap and exhaust
• Prominent glass street frontage
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Property Details for Shop 2 & 3/24 Young St, Neutral Bay

Building Type
Commercial
Floor Size
131m2

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About Neutral Bay 2089

The size of Neutral Bay is approximately 1.3 square kilometres. It has 20 parks covering nearly 8.8% of total area. The population of Neutral Bay in 2011 was 9,384 people. By 2016 the population was 10,498 showing a population growth of 11.9% in the area during that time. The predominant age group in Neutral Bay is 30-39 years. Households in Neutral Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Neutral Bay work in a professional occupation. In 2011, 46.1% of the homes in Neutral Bay were owner-occupied compared with 44.9% in 2016.

Neutral Bay has 7,170 properties. Over the last 5 years, Houses in Neutral Bay have seen a 18.39% increase in median value, while Units have seen a 24.37% increase. As at 30 November 2024:

  • The median value for Houses in Neutral Bay is $2,889,367 while the median value for Units is $1,253,434.
  • Houses have a median rent of $900 while Units have a median rent of $730.
There are currently 15 properties listed for sale, and 37 properties listed for rent in Neutral bay on OnTheHouse. According to CoreLogic's data, 285 properties were sold in the past 12 months in Neutral bay.

Suburb Insights for Neutral Bay 2089

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Logan Grisaffe
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Max Stephens
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RWC Sydney North
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.