Retail for Sale

Shop 1, 1-5 Mandolong Road Mosman, NSW 2088

Auction: Wed 13 June 2018
  • Building: 94m²

Auction details

  • Auction
    13June10:30am
    10:30am
    Level 17, 135 King Street, Sydney

Auction location: Level 17, 135 King Street, Sydney

Contact the agent if you'd like further information.

Enquire with Agent
Retail for Sale in Mosman

PRIME RETAIL INVESTMENT IN THE HEART OF MOSMAN

  • Building: 94m²

We are pleased to present Shop 1, 1-5 Mandolong Road, Mosman for Sale by Auction.

Perfectly positioned in one of Sydney's most exclusive suburbs, Shop 1, 1-5 Mandolong Road, Mosman is surrounded by some of the best retailers in Australia. This property offers an outstanding opportunity for the discerning investor with a 5 year lease and 2 x 5 year options to global cosmetic giant Estee Lauder's brand Bobbi Brown.

A generous retail area of 94 sqm* with prominent frontage to Military Road the premises is complete with one security car space. Bobbi Brown have undertaken an extensive and superbly designed fitout. The shop is complete with its own internal toilet facilities and has a rear entrance for direct access to the security car park and loading.

The shop is surrounded by well recognised and long standing retailers including Country Road, M.A.C. Cosmetics, Jo Malone London, T2, Camilla, The Upside and Telstra to name but a few.

The Mandolong building was completed approximately 4 years ago and is considered one of the finest mixed use developments in Mosman being just a short stroll to Balmoral Beach and set amongst the best cafes, restaurants and retailers Mosman has to offer.

Property Highlights:

  • Retail area of 94 sqm*
  • Exclusive use of one security car space
  • Internal toilet facilities
  • Prominent street frontage to Military Road
  • Ducted air conditioning
  • Surrounded by Mosman's finest cafes, restaurants and retailers
  • Perfect position in close proximity to Mosman Bay Ferry, Balmoral Beach and Taronga Zoo

Tenancy Highlights:

  • Bobbi Brown is an established international cosmetic company owned by Estee Lauder
  • Net rent $106,059 per annum + GST*
  • Fixed 3% annual rent increase per annum
  • 5 year Lease commencing 18 March 2014 with 2 x 5 year options
  • All figures are approximate

Auction Date: Wed 13 June 2018, 10:30am
Location: Level 17, 135 King Street, Sydney NSW 2000

To arrange an inspection or for more information contact:

Scott Stephens
0409 960 006
scott.stephens@raywhite.com

or

Frank Bird
0417 427 310
frank.bird@raywhite.com

Building:

94m²

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