246 - 248 Military Road, Neutral Bay, NSW 2089

ATTENTION OWNER OCCUPIERS & ASTUTE INVESTORS

This perfectly positioned pair of dual commercial Freehold terraces on 354.1sqm, is located in the heart of Neutral Bay village, Surrounded by numerous highly successful retail shops, bars & Restaurants.  Currently occupied by a long standing Japanese Restaurant (20+ Years), plus a Sub tenancy to a Saloon upstairs.

- Current income is approximately $135,000 p.a.
- Total Approximate NLA = 304sqm
- In excess of 53,000 vehicles passing each day
- Off street parking for 2 cars
- Zoned MU1 (Mixed Use), 16m Height limit (Currently)
- Total Land size = 354.1sqm

With numerous, sizable developments earmarked for Neutral Bay's Military Road Corridor within the next 5 years, this could by one of last opportunities to get in before prices start to significantly  increase again.

If you require any further information or wish to inspect the property, please contact Exclusive Agent.