Your email has been sent.
2A Waters Rd 871 SF Retail Condo Unit in Neutral Bay, NSW 2089
Investment Highlights
- Fully leased investment with a 9-year tenancy to a successful hospitality operator.
- Flexible indoor and outdoor dining configuration across two titles.
- Prominent elevated street frontage in a high-visibility retail strip.
Property Facts
| Total Building Size | 10,570 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 5,285 SF |
| Building Class | C |
| Total Building Size | 10,570 SF |
| Property Type | Retail (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 5,285 SF |
1 Unit Available
Unit 5 & 6
| Unit Size | 871 SF | Sale Type | Investment |
| Condo Use | Retail | APN/Parcel ID | CP/-/SP16780 |
| Unit Size | 871 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| APN/Parcel ID | CP/-/SP16780 |
Description
This property comprises two strata-titled retail lots combined to create a versatile 81 m² space in a prime Neutral Bay location. The configuration allows for a mix of indoor and outdoor areas, ideal for hospitality or boutique retail use. Positioned on an elevated frontage along a busy retail strip, the property benefits from strong pedestrian visibility and convenient rear access to a council car park. Ownership includes the security of a long-term lease to a successful operator, providing stable income within a high-demand lower north shore market.
Sale Notes
Positioned in the vibrant heart of Neutral Bay, this boutique retail investment offers a rare opportunity to secure a fully leased asset in one of Sydney’s most desirable lower north shore precincts by Commercial Auction. The property comprises two adjoining titles totaling 81 m², delivering a flexible layout with both indoor and outdoor dining areas. Its elevated street frontage ensures strong visibility along a high-traffic retail strip, attracting consistent footfall from local residents and visitors alike.
Currently occupied by the well-established Ramen Torrichi under a long-term 9-year lease, the property provides immediate income security and a proven track record of strong occupancy. The tenancy’s success underscores the location’s appeal, supported by a growing residential catchment and affluent demographic profile. Neutral Bay boasts a median household income significantly above the Sydney average, reinforcing the area’s robust consumer spending power.
The property benefits from convenient rear access to a council car park, enhancing customer accessibility and supporting sustained trade. Situated just steps from Military Road, the site enjoys seamless connectivity to Sydney CBD, North Sydney, and surrounding suburbs via major bus routes and arterial roads. This strategic location, combined with the property’s secure tenancy and high-exposure position, makes it an ideal choice for investors seeking a stable, long-term retail asset in a tightly held market.
Interior Photo
Interior Photo
Interior Photo
Interior Photo
Nearby Major Retailers
Presented by
2A Waters Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.