CBRE in conjunction with Ray White Commercial Sydney North 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 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 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, 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: $95,648 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
+ Trattor – 2/12 Waters Road, Neutral Bay NSW

Please contact the exclusively appointed sales team for more information.

*Approx