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8 Waters Rd 452 SF Retail Condo Unit in Neutral Bay, NSW 2089
Investment Highlights
- Retail space of approximately 42 sqm with kitchen and dining area included.
- Currently leased to Ken-Chan Curry under a five-year agreement.
- Positioned near Coles Neutral Bay and surrounded by national retailers, specialty shops, and dining options.
- Located within a modern mixed-use building in the Neutral Bay retail precinct.
- Reported net income of $75,573 per annum plus GST, with tenant paying 100% of outgoings.
- Accessible by multiple public transport options, including B-Line bus stop approximately 200 meters away.
Executive Summary
Shop 4, located at 4–8 Waters Road in Neutral Bay, is part of a modern mixed-use building positioned within the Neutral Bay retail precinct. The retail space has a net lettable area of approximately 42 square meters and includes a kitchen and dining area. It is currently leased to Ken-Chan Curry, a Japanese cuisine operator, under a five-year lease agreement. The property includes one dedicated car space. The surrounding area features a mix of national retailers, specialty stores, professional services, and dining establishments. Nearby businesses include Coles, Australia Post, Chemist Warehouse, Anytime Fitness, and Dan Murphy’s. The location is accessible by multiple public transport options, with the B-Line bus stop approximately 200 meters away, providing connectivity to Sydney CBD, the Lower North Shore, Upper North Shore, and Northern Beaches. The property generates a reported net income of approximately $75,573 per annum plus GST, with the tenant responsible for 100% of outgoings.
Property Facts
| Total Building Size | 50,590 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 10,118 SF |
| Property Subtype | Apartment | Lot Size | 0.37 AC |
| Building Class | C |
| Total Building Size | 50,590 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 10,118 SF |
| Lot Size | 0.37 AC |
1 Unit Available
Unit 4
| Unit Size | 452 SF | Sale Type | Investment |
| Condo Use | Retail | No. Parking Spaces | 1 |
| Unit Size | 452 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| No. Parking Spaces | 1 |
Description
Shop 4, located at 4–8 Waters Road in Neutral Bay, is part of a modern mixed-use building positioned within the Neutral Bay retail precinct.
The retail space has a net lettable area of approximately 42 square meters and includes a kitchen and dining area. It is currently leased to Ken-Chan Curry, a Japanese cuisine operator, under a five-year lease agreement. The property includes one dedicated car space.
The surrounding area features a mix of national retailers, specialty stores, professional services, and dining establishments. Nearby businesses include Coles, Australia Post, Chemist Warehouse, Anytime Fitness, and Dan Murphy’s. The location is accessible by multiple public transport options, with the B-Line bus stop approximately 200 meters away, providing connectivity to Sydney CBD, the Lower North Shore, Upper North Shore, and Northern Beaches.
The property generates a reported net income of approximately $75,573 per annum plus GST, with the tenant responsible for 100% of outgoings.
Sale Notes
This is a rare opportunity to secure a premium retail investment in the heart of Neutral Bay, one of Sydney’s most vibrant Lower North Shore precincts. Shop 4, located within a modern mixed-use building at 4–8 Waters Road, offers a strategic position surrounded by high foot traffic and strong retail synergy. The property benefits from immediate proximity to the new Coles Neutral Bay on Grosvenor Street and is just a five-minute drive across the Harbour Bridge to Sydney CBD, making it an attractive long-term investment.
The asset comprises 42 sqm of well-configured space, including a kitchen and dining area, and comes with one dedicated car space. It is currently leased to Ken-Chan Curry, a well-established Japanese cuisine operator, on a secure five-year lease. The tenancy generates a net income of $75,573 per annum plus GST, with the tenant responsible for 100% of outgoings, ensuring a stable and predictable cash flow for investors.
Positioned within Neutral Bay Village, the property is surrounded by national retailers such as Coles, Chemist Warehouse, Dan Murphy’s, and Anytime Fitness, as well as a diverse mix of specialty stores, cafes, and professional services. Excellent public transport connectivity, including the B-Line bus stop just 200 meters away, further enhances accessibility. This is an exceptional opportunity to acquire a fully leased retail investment in a blue-chip location with strong fundamentals and long-term growth potential.
Shop 4 Interior
Shop 4 Interior
Shop 4 Floor Plan
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8 Waters Rd
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