Bay Plaza, Neutral Bay
Bay Plaza is an 1800 sq m two storey retail building in Sydney's exclusive Neutral Bay, with street frontage to Military Road and Rangers Road and including onsite parking for 24 cars.
The Plaza is fully leased to both medium and long term tenants. The potential for developing the site is being realised, as Metroland has begun to acquire and amalgamate land behind Bay Plaza, to capitalise on its position and raise its profile. Plans to develop a multipurpose site of residential and commercial spaces are currently being considered. The purchase of 4 Rangers Road, adjoining to Bay Plaza, was completed in 2003, with the Council approving the re-zoning application. Plans for the combined 2,400 sq m site have been completed and submitted to council.
|Location:||199 - 207 Military Road + 4 Rangers Road, Neutral Bay|
|Project description:||Land size: 2400 sq m|
|Gross lettable area:||1800 sq m|
|Project value:||$46 million|