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254 MILITARY ROAD, Neutral Bay, NSW 2089

254 MILITARY ROAD, Neutral Bay, NSW 2089

Land/Development Retail Medical/Consulting

  • For Sale
  • Contact Agent
  • Expression of Interest

  • Land Area
  • 165.00 m² (approx)
  • Floor Area
  • 165 m²
  • Last Updated
  • Sep 28, 2020

Interested in this property? Contact an Agent today

Deans Property - Broadway

Level 2, Suite 2C, 255 Broadway Street

Chippendale NSW 2008

Robert Deans

Iconic Wine Bar in the Heart of Neutral Bay - Business & Freehold Sale

Deans Hotels division is delighted to exclusively bring to the market the Freehold going concern interest of the “Pickled Possum” wine bar in the heart of the Neutral Bay, NSW shopping precinct. This iconic bar, which has been held by the current owner/operator for 38 years, is now looking for a new owner to take it forward, re-purpose it or develop it further.

This is a tremendous opportunity for an astute Investor or Owner Operator to capitalise on the operations or lease the ground floor business and the first-floor residence either together or separately and sit back and bank the rent while watching your asset increase in value over time!

The Pickled Possum is an iconic Karaoke bar and currently only opens 3 short evenings per week yet remains quite profitable for the vendor due to the simplistic nature of the business format.

With such a prominent location on Military Road with easy direct access to public transport almost at your door and available street parking, the possibilities to increase sales and profits by extending the offering, trading hours and days of operation are almost endless! Talk to us about the development potential that also

254 MILITARY ROAD, Neutral Bay, NSW 2089

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