FOR SALE
AUCTION

Shop 2/154 - 158 Military Road
Neutral Bay NSW 2089

Bedrooms: -
Bathrooms: -
Car spaces: 11
Floor area: 385m2
Improve this data
Auction Time
Wed 13 Nov 10:30 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

NATIONAL TENANT INVESTMENT | BUSY LOCATION IN AFFLUENT SUBURB

Ray White Commercial Sydney North as the exclusive selling agent is pleased to present Shop 2 / 154 - 158 Military Road, Neutral Bay.
Chemist Warehouse is the anchor retail tenant of a prominent mixed-use building with a commanding presence on Military Road due to its 18m* of street frontage is Shop 2, 154 - 158 Military Road, Neutral Bay. On offer is a fantastic opportunity to acquire an outstanding commercial investment, occupied by Leading National Tenant, Chemist Warehouse on a long lease on Sydney's Lower North Shore.
Diversifying the revenue stream is the additional income provided from the 11 separately leased car spaces, together with the Chemist Warehouse tenancy, brings the gross income to $364,404 per annum + GST*.
Spanning a lettable area of 385 sqm*, the property offers fantastic exposure to Military Road with rear access for loading and 11 x car spaces, with its positioning further enhanced with the proximity of complementary businesses within the complex including a Medical Practice, Dental Practice, Veterinary clinic and specialist consulting rooms.
The property is ideally situated in the centre of Neutral Bay Village and within walking distance to national retailers including Woolworths, Coles, Australia Post, Anytime Fitness, as well as specialty stores, niche retailers, financial institutions, professional services, medical specialists, bars, cafes and restaurants.
Shop 2 / 154 - 158 Military Road, Neutral Bay is surrounded by easy access to public transport which easily connects the property to Sydney CBD, Lower North Shore, Upper North Shore and Northern Beaches.
Property Highlights:
• Tenanted Investment with Leading National Tenant, Chemist Warehouse
• 385 sqm* + Storage
• 11 x Secure car spaces on separate leases
See More

Property Details for Shop 2/154 - 158 Military Rd, Neutral Bay

Building Type
Commercial
Floor Size
385m2

Commute Calculator

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 7,080 properties. Over the last 5 years, Houses in Neutral Bay have seen a 26.90% increase in median value, while Units have seen a 32.13% increase. As at 30 September 2024:

  • The median value for Houses in Neutral Bay is $2,979,323 while the median value for Units is $1,299,463.
  • Houses have a median rent of $950 while Units have a median rent of $720.
There are currently 19 properties listed for sale, and 43 properties listed for rent in Neutral bay on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in Neutral bay.

Neutral Bay Profile Page

Suburb Insights for Neutral Bay 2089

Visit Neutral Bay profile page
Market Insights
Neutral Bay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neutral Bay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Neutral Bay profile page
Contact agent
Scott Stephens
Show contact details
Call agent
Logan Grisaffe
Show contact details
Call agent
RWC Sydney North
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X
HomeContact usPrivacy policyTerms of useDisclaimers