CBRE in conjunction with Ray White Commercial Sydney North are pleased to offer to the market, Trattor Neutral Bay, a classic Italian Trattoria at the heart of Sydney’s most affluent Lower North Shore community, located at 2/12 Waters Road, Neutral Bay (Sydney) NSW for sale via Expressions of Interest.

Positioned within the landmark Pienza Retail Village, the asset offers a rare opportunity to acquire a newly constructed, long-lease investment underpinned by a tenant with an expanding presence 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 to 2041
+ Trattor: A brand new classic Italian trattoria operated by an established hospitality group
+ Compounding fixed 3.5% annual increases guaranteeing long term rental growth
+ Brand new high specification restaurant fit-out completed in 2026 offering maximum depreciation benefits for the incoming purchaser
+ Servicing a trade area where per capita income sits 75% above the Australian average, among the wealthiest catchments in the country
+ Per capita food and liquor spend runs 52% above the Sydney metropolitan average, with retail spend 40% above
+ 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, Bodylove Pilates, 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: $190,502 pa* + GST

To be sold individually via Expressions of Interest. Closing 3pm AEST Wednesday 12 August 2026

+ Dan Murphy’s – 1/12 Waters Road, Neutral Bay NSW
+ Bodylove Pilates – 5/12 Waters Road, Neutral Bay NSW
+ Wholegreen Bakery – 3/12 Waters Road, Neutral Bay NSW

Please contact the exclusively appointed sales team for more information.

*Approx