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Retail

116 Prince Albert Street Mosman, NSW 2088

Sold on 28 Apr 2021Floorplan
  • Building: 160m²
  • Land: 133m²
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Retail in Mosman

OUTSTANDING MIXED USE FREEHOLD INVESTMENT IN MOSMAN

  • Building: 160m²
  • Land: 133m²

We are delighted to present 116 Prince Albert Street, Mosman for Sale by Private Treaty.

This superb freehold property is perfectly positioned in one of Sydney's best lifestyle suburbs. This well-presented retail / commercial premises on the ground floor is complimented with a separate two bedroom apartment with an oversized living room on the first floor. The shop and residence retains much of the original federation charm but has been tastefully modernised. The property enjoys dual street access with off street parking for two cars.

Positioned at the heart of Mosman Junction, 116 Prince Albert Street is surrounded by cosmopolitan cafes and boutiques, popular restaurants and the Buena Vista Hotel. Just a few moments from Taronga Zoo, Balmoral Beach and Mosman Bay. Ease of accessibility to city buses and ferries is an added benefit.

The shop is currently unoccupied, however it offers excellent exposure to the intersection of Military Road, Middle Head Road and Prince Albert Street with its federation faade and high ceilings.

Take advantage of the site by adding further value to expanding the apartment and enclosing the double parking space subject to council consent.

The estimated income on a fully leased basis from both the shop and apartment is anticipated at $110,000 to $120,000 net per annum plus GST (approx).

Property highlights:

  • Land Area 133 m2 *
  • Retail / Commercial premises of approximately 80 m2 *
  • Renovated 2 bedroom apartment
  • Dual Street Frontage with prominent exposure
  • Rear lane access to 2 car spaces
  • Perfect Mosman Village location

*All figures are approximate

For more information or to arrange an inspection please contact Scott Stephens 9969 1500 scott.stephens@raywhite.com

Building:

160m²

Land:

133m² / 0.03 acres

Categories:

Retail, Offices, Other

116 Prince Albert Street, Mosman, NSW 2088