Occupying a desirable corner position, this residential, retail property will appeal to investors and developers. The downstairs shops and upstairs apartments currently provide strong rental returns, with further potential. Shops 6, 8 and 10 sit on Reginald Street, and they are Spa Ha Massage Clinic, Spice of Rouge Hair & Make-Up and Kitchen Curries (Gourmet Dining at Home) – a Mosman institution, which has been running for 35 years. Sitting on Spofforth Street is the lovely French café and patisserie L’Ami de Pain Boulangerie Café. Above the shops are two 2-bedroom apartments with a security entrance, the vacant parcel of land on Reginald Street presents an opportunity to build (STCA). Originally built in the 1920s, this corner block has a heritage façade with an abundance of period charm. With the freedom to hold the property as an investment or unlock its development potential (STCA), this is a rare opportunity in one of Sydney’s most prestigious suburbs.  

Offered with vacant possession, this is an ideal opportunity for an owner occupier to live on the premises and run their business downstairs. Alternatively the property would be an ideal investment as the shop and residence can be leased separately and there is rear lane access. The building also has redevelopment potential with an extension over the rear yard and the possibility of providing onsite parking, all subject to council approval.  

Display your signs to 50,000 cars + daily!

This prominent first floor corner position is offered for sale and/or for lease. It is divided into two suites and they are available separately or in one line.

Suite 2 is 97m2 and has 2 car spaces and is $360,000 GST exclusive

Suite 3 is 51m2 and has 1 car space and is $265,000 GST exclusive

The internal fit-out includes workstations, built-in joinery, boardroom furniture, computer cabling. Both suites are partitioned, air-conditioned and have an easterly aspect - drenching the offices in natural light.

Suite 2 has two car spaces and Suite 3 has one, located at the rear of the building allowing easy access to the city and the northern beaches.

There is also a council Carpark located opposite the property, for public transport buses are at the door for an easy commute by the staff to the city or northern beaches.

Avoid the congestion of North Sydney and take advantage of first class suburban office space at a 25% - 50% savings on comparable space.  

This brand new 200sqm showroom has just been leased to Renee's House of Design on a new 4 + 4 year lease commencing in August 2009.

The showroom boasts an incredible 30m+ of street frontage, 6 security undercover car spaces, designated visitor parking, loading dock, kitchen and toilet amenities.

Claim pole position with your investment at the gateway to Mosman.

Opposite Mosman Toyota, this is the retail component of the luxurious Bond Apartments.

A rare opportunity to buy a brand new investment in Mosman, on Military Road with a first class tenant and all the benefits of depreciation. Contact us today for details.  

Recently leased to a food catering company on a long term lease. The tenant is responsible for the usage of water and waste. This tenancy is one of 16 Stratas including ground floor retail and residential flats upstairs. Benefits from large exposure to Spit Road with awning and shop-front retail.

See floor plan for area.

INSPECT: By Appointment

AREA: 87m²
TITLE: 15/SP16150

PRICE: $400,000 GST Exclusive

TENANT:
Canape Queen Pty Ltd
13/11/2006 – 12/11/2011 (5 + 5 year option)
GROSS INCOME: $33,089.40 + GST

Statutory Outgoings:
Council Rates 09/10: $1,753.81
Water Rates 09/10: $1,512.05 (tenant pays excess water rates)
Strata Levy 09/10: $4,345.00
TOTAL: $7,610.86 per annum

NET INCOME: $25,478.54 GST exclusive

CONTACT: Mark T. Smith  

Recently leased to a food catering company on a long term lease. The tenant is responsible for the usage of water and waste. This tenancy is one of 16 Stratas including ground floor retail and residential flats upstairs. Benefits from large exposure to Spit Road with awning and shop-front retail.

See floor plan for area.

INSPECT: By Appointment

AREA: 85m²
TITLE: 16/SP16150

PRICE: $400,000 GST Exclusive

TENANT:
The Sustainable Kitchen
Lease currently underway, 2+3 years
GROSS INCOME: $32,711.45 + GST

Statutory Outgoings:
Council Rates: $1,724.37
Water Rates: $526.40 (tenant pays excess)
Strata Levy: $3,950.00
TOTAL: $6,200.77 per annum

NET INCOME: $26,510.68 GST Exclusive

Contact: Mark T. Smith