18 Spit Road Mosman, NSW 2088

Ray White Commercial Sydney North is delighted to present 18 Spit Road, Mosman for Sale by Public Auction.

First time offered in 40 years* and perfectly positioned at Spit Junction, this large retail/commercial property presents an opportunity for the astute buyer to invest, occupy or develop. With direct rear access with parking/ loading bay for 2 cars and thoroughfare to Bridgepoint.

The property consists of a 148sqm* ground floor retail area and a commercial office space of 149sqm* on level one. The property could achieve an estimated gross income stream of $150,000 per annum + GST* with the potential for substantial rental growth.

With a land area of 208 sqm* and building area of 297 sqm*, the site benefits from a B2 Local Centre zoning, a Floor Space Ratio of 2.5 : 1 and a height limit of 15 metres allowing for generous future development to add value and profit (STCA).

Perfectly positioned in one of the most exclusive suburbs in Sydney, 18 Spit Road, Mosman is only 9km* to Sydney CBD. Surrounded by well-established retailers including Priceline Pharmacy, Harris Farm, Aldi, IGA, Fitness First, Officeworks, Dracakis Jewellers and many more.

Mosman offers a wonderful lifestyle full of exclusive fashion retailers, eateries, providers, cafes and restaurants. With its main road location, 18 Spit Road is surrounded by easy access to public transport including buses and ferries which easily connects the property to Sydney CBD and Northern Beaches.

Property Highlights:

• Land Area - 208 sqm*
• Building Area - 297 sqm*
• Estimated Gross Income on a fully leased basis - $150,000 per annum + GST*
• 2 Car spaces / loading bay
• Rear access and thoroughfare to Bridgepoint
• Perfectly positioned in one of the most exclusive suburbs in Sydney and only 9km* to Sydney CBD.
• Surrounded by well established retailers including Priceline Pharmacy, Harris Farm, IGA, Aldi, Fitness First, Officeworks, Dracakis Jewellers and more.

* All figures are approximate

Inspections are by appointment only.

For further details, please contact:
Frank Brid - 0417 427 310, frank.bird@raywhite.com
or
Scott Stephens - 0409 960 006, scott.stephens@raywhite.com