3/12 Waters Road

Neutral Bay NSW 2089

Ray White Commercial Sydney North in conjunction with CBRE are pleased to offer to the market, Wholegreen Bakery Neutral Bay, a premium gluten-free bakery at the heart of Sydney's most affluent Lower North Shore community, located at 3/12 Waters Road, Neutral Bay (Sydney) NSW for sale via Investment Portfolio Auction 185.

Positioned within the landmark Pienza Retail Village, the asset offers a rare opportunity to acquire a newly constructed, long-lease investment underpinned by a renowned, award-winning tenant in one of Sydney's most tightly held metropolitan markets.

The property has the following key investment highlights:

Brand new 8 year lease to 2033 plus 8 year option extending to 2041
Wholegreen Bakery: Sydney's premier award-winning gluten-free bakery, founded in 2014 with 5 locations and growing across NSW
Rare compounding fixed 4% annual increases guaranteeing long term rental growth
Brand new high specification fit-out completed in 2026 offering maximum depreciation benefits
Ample secure underground and street car parking enhancing long-term tenant functionality for staff and customers
Positioned within Pienza Retail Village alongside premium operators including Dan Murphy's, Body Love, and Fresh Hospitality
Surrounded by major retail, lifestyle and education amenities including Coles, Woolworths, Redlands, and The Oaks Hotel, one of Sydney's most significant recent hotel transactions ($140 million)
Neutral Bay is one of Sydney's most affluent and tightly held Lower North Shore suburbs, characterised by strong demographics and high barriers to entry
Net Income: $95,648 pa* + GST

Expressions of Interest Closing 6 August 2026.

*All figures are approximate

For further information or to arrange an inspection please contact:

Scott Stephens | 0434 341 001
scott.stephens@raywhite.com

Logan Grisaffe | 0403 916 433
logan.grisaffe@raywhite.com