4/8 Waters Road, Neutral Bay, NSW 2089 | Property Value & History | OnTheHouse
OFF MARKET

4/8 Waters Road
Neutral Bay NSW 2089

Bedrooms: -
Bathrooms: -
Car spaces: 1
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Property Details for 4/8 Waters Rd, Neutral Bay

Building Type
Commercial
Local Government
North Sydney

Last Listing description (February 2026)

RETAIL INVESTMENT OPPORTUNITY TO ESTABLISHED FOOD OPERATOR | NEUTRAL BAY

Ray White Commercial Sydney North as the exclusive selling agent is pleased to present Shop 4, 4 - 8 Waters Road, Neutral Bay for sale via Private Treaty.

4 - 8 Waters Road is a modern mixed-use building situated in the heart of Neutral Bay, with 65 car spaces at its doorstep, being in the retail precinct surrounding the new Coles Neutral Bay Grosvenor Street. The property is a mere 5 minute* drive across the Harbour Bridge from Sydney CBD. This excellent retail shop is a fantastic opportunity to acquire a commercial investment in Sydney's Lower North Shore.

Shop 4 has an area of 42 sqm*, including kitchen and dining area, tenanted by Ken-Chan Curry offering a traditional Japanese cuisine, currently on a 5-year Lease.

The property is ideally situated in the centre of Neutral Bay Village and within walking distance to national retailers including Coles, Australia Post, Chemist Warehouse, Anytime Fitness, Dan Murphy's, as well as specialty stores, niche retailers, financial institutions, professional services, medical specialists, bars, cafes and restaurants.

Shop 4/ 4 - 8 Waters Road is surrounded by multiple options for public transport which easily connects the property to Sydney CBD, Lower North Shore, Upper North Shore and Northern Beaches, with the B-Line bus stop only 200m* away.

The property currently has a Net Income of $75,573 per annum + GST* with the tenant paying 100% of outgoings additionally.

Property Highlights:

Net Lettable Area | 42 sqm*
1x Car Space
Net Income of $75,573 per annum + GST*
Currently tenanted by Ken-Chan Curry on a 5-year lease
Easily accessible via public transport
Prime location in the Heart of Neutral Bay

*All figures are approximate

For further information or to arrange an inspection please contact:

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

Max Stephens | 0429 500 156
max.stephens@raywhite.com

Property History for 4/8 Waters Rd, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
  • 16 Feb 2026
    Listed for Sale FOR SALE
  • 10 Dec 2021
    Listed for Rent $395per week
  • 23 Apr 2019
    Listed for Rent - Price not available
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About Neutral Bay 2089

The size of Neutral Bay is approximately 1.3 square kilometres. It has 20 parks covering nearly 8.8% of total area. The population of Neutral Bay in 2016 was 10488 people. By 2021 the population was 10090 showing a population decline of 3.8% in the area during that time. The predominant age group in Neutral Bay is 30-39 years. Households in Neutral Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Neutral Bay work in a professional occupation.In 2021, 45.80% of the homes in Neutral Bay were owner-occupied compared with 44.90% in 2016.

Neutral Bay has 7,211 properties. Over the last 5 years, Houses in Neutral Bay have seen a -0.39% decrease in median value, while Units have seen a 13.74% increase. As at 31 March 2026:

  • The median value for Houses in Neutral Bay is $2,988,696 while the median value for Units is $1,233,731.
  • Houses have a median rent of $1,290 while Units have a median rent of $770.
There are currently 29 properties listed for sale, and 32 properties listed for rent in Neutral bay on OnTheHouse. According to Cotality's data, 294 properties were sold in the past 12 months in Neutral bay.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.