Savills | 8 Spit Rd, MOSMAN | Properties for sale
352 sq m
Price on application

8 Spit RdMOSMAN


    Key features

    • Current net income from offices on Level 1 $58,415 pa
    • Potential rent from Ground Level $180,000* pa
    • Total potential net income $238,415* pa
    • Prime two (2) level retail/commercial building with a total building area of 352sq m*
    • Prominent dual street exposure on Spit Road and Hordern Lane with direct access through to Bridgepoint Shopping Centre
    • Strategically positioned in the heart of Mosman's retail precinct where the property has a direct pathway from Spit Road through to the Bridgepoint Shopping Centre and is surrounded by national retailers such as ALDI, Harris Farm, Fitness First, Officeworks, Priceline Pharmacy and Australia Post.
    • A fundamentally sound retail investment, metres from the Military and Spit Road intersection which is responsible for connecting the North Shore and Northern Beaches commuters to the city with extremely high exposure to vehicular traffic (72,000* cars daily)
    • Capture the rental upside via additional tenancies, rental reversion and capitalising on the attractive planning controls with future development potential (STCA)
    • Commercial tenants within the direct precinct benefit from an affluent community with high disposable incomes that services strong trade volumes
    • The property is located in close proximity to major commercial destinations North Sydney CBD 4.5km* and Sydney CBD 6.5km*.

    AAA+ FREEHOLD INVESTMENT WITH MULTIPLE INCOME STREAMS

    About this property

    • Savills are excited to offer for sale 8 Spit Road, Mosman for the first time in over 20 years, it provides an opportunity to secure a freehold super prime retail/commercial property in one of Australia’s most affluent areas. The property is on the doorstep of a multitude of amenities, transport and is surrounded by national retailers.

      Savills is offering 8 Spit Road, Mosman to the open market for competition for sale via an Expressions of Interest campaign (EOI). All EOI’s must be submitted no later than 12pm, Thursday 9 April 2020.

      *Approx.

    Available space

    LevelTenancySale TypePriceAreaSqmStatus
    n aExpression of Interest352.00sq mAvailable