Colliers is privileged to present For Sale this secure retail investment offering secure net lease, 4% fixed annual growth, and prime street exposure in the heart of Neutral Bay.
Leased to Jennys Boutique, a well renowned local high end women’s fashion retailer who has occupied the property for over 30 years, this opportunity provides investors with stable and immediate income. The strong covenant secured under a new 3 year lease delivers low maintenance, set and forget investment.
Key Highlights:
+ Secure, passive income; tenant in occupation 30+ years
+ New 3 + 3 + 3-year lease with generous 4% annual increases
+ Prime exposure with excellent street frontage and visibility
+ Desirable MU1 mixed use zoning offering future development upside (STCA)
+ Well maintained strata building; new roller garage door with numberplate recognition
+ Immediate connectivity to public transport and major arterial roads, plus nearby parking options
+ Future rental growth underpinned to significant nearby residential development
+ Proven investment location within North Sydney LGA, demonstrating strong historical growth
+ Located in a tightly held market with strong local demographics and high foot traffic
For Sale via Public Auction:
+ When: Tuesday 31 March 2026 at 10:30am (AEDT).
+ Where: AuctionWORKS, Level 1, 50 Margaret Street, Sydney CBD.
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
Remember to mention you found this property on CommercialReady
Colliers is privileged to present For Sale this secure retail investment offering secure net lease, 4% fixed annual growth, and prime street exposure in the heart of Neutral Bay.
Leased to Jennys Boutique, a well renowned local high end women’s fashion retailer who has occupied the property for over 30 years, this opportunity provides investors with stable and immediate income. The strong covenant secured under a new 3 year lease delivers low maintenance, set and forget investment.
Key Highlights:
+ Secure, passive income; tenant in occupation 30+ years
+ New 3 + 3 + 3-year lease with generous 4% annual increases
+ Prime exposure with excellent street frontage and visibility
+ Desirable MU1 mixed use zoning offering future development upside (STCA)
+ Well maintained strata building; new roller garage door with numberplate recognition
+ Immediate connectivity to public transport and major arterial roads, plus nearby parking options
+ Future rental growth underpinned to significant nearby residential development
+ Proven investment location within North Sydney LGA, demonstrating strong historical growth
+ Located in a tightly held market with strong local demographics and high foot traffic
For Sale via Public Auction:
+ When: Tuesday 31 March 2026 at 10:30am (AEDT).
+ Where: AuctionWORKS, Level 1, 50 Margaret Street, Sydney CBD.
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
Remember to mention you found this property on CommercialReady
Suite 3, 148 Wycombe Road, Neutral Bay, NSW, 2089
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