2 Military Rd, Neutral Bay NSW 2089

A two-storey freehold investment consisting of one street-level retail suite and one generous one-bedroom apartment on the upper-level. The property is prominently located in a coveted Lower North Shore location occupying a corner position.

This unique property offers the opportunity as both commercial and residential in current form or further develop to create a large single entity across two levels. The property has been reinvented to present two levels of modern and stylish design, upstairs natural light beams through the private apartment, while the lower level presents an appealing street-front retail opportunity. Enjoying discretion afforded by the adjacent garden island you are just steps from vibrant Neutral Bay Village with quick access to north & south freeways and only moments from Crow’s Nest, North Sydney, and the CBD.
 
KEY HIGHLIGHTS

R3-Medium density residential, height limit 8.5m
Two level brick building land area approx 90.4 sqm
Excellent exposure, engaging dual street presence, corner position
Ground floor, level access retail shop/suite with storage
Separate one-bed apartment with private access, north aspect
Flexible floorplan, opportunity for bespoke configuration
New paint throughout including internal and external
Excellent investment opportunity or occupy / redevelop (STCA)
Multiple value-add propositions including rental return opportunity
Level walk to Neutral Bay Village, shops, schools & transport
Surrounded by an abundance of amenities incl. bus services
Easy access to freeway & routes to Northern Beaches & Suburbs
See Information Memorandum (IM) for all property details


Approximate quarterly outgoings:
    Council rates: $1,327
    Water rates: $214
    TOTAL: $1,541 per quarter


Details: Andrew Croll 0409 530 133 or [email protected]
[email protected]

Solicitor: Mr Philip Coster, Philip K. Coster & Co : 9960 3888, PO Box 208 Spit Junction NSW 2088, [email protected]; [email protected]

Please note we have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers/tenants must rely on their own enquiries in this regard. We will not accept any liability for any incorrect representation(s) claimed to be made that has not been confirmed in writing with the agent prior to the purchaser/tenant exchanging contracts.