Shop 6/12 Waters Road, NEUTRAL BAY
Last Remaining Retail Space | Pienza Neutral Bay Village Precinct
Neutral Bay’s most anticipated development is now complete. Just one retail space remains.
Developed by Central Element, Pienza has been designed as a curated village precinct blending premium convenience with lifestyle retail. Anchored by Dan Murphy’s, Wholegreen Bakery, Bodylove Pilates and Trattor, it has already attracted a line-up of category-leading operators.
This final tenancy — Retail 6, 12 Waters Road — offers a rare opportunity to position your brand in one of the Lower North Shore’s most affluent and tightly held catchments.
Key Features:
– Adjacent to Coles Neutral Bay, one of Australia’s top-performing supermarkets
– 80 sqm (approx.) with expansive Grosvenor Street frontage and daily exposure
– Affluent, high-density catchment with limited new retail supply
– Cold shell handover with capped gas, 3-phase power and A/C provision
– Part of a five-level mixed-use development elevating Neutral Bay’s retail offer
The development is now complete and available now.
Why Pienza?
– Prime Lower North Shore location, 5km from Sydney CBD in affluent Neutral Bay
– High-profile site opposite Coles and near the Military Road retail spine
– ~51,000 vehicle movements daily (~18.7M annually) along Military Rd
~Excellent public transport connectivity with multiple direct bus routes
– Anchored by Dan Murphy’s
– Complementary tenancies: Trattor restaurant, Wholegreen Bakery and Body Love Pilates
– Surrounded by major retailers (Coles, Woolworths, Chemist Warehouse, Specsavers and more)
– Mixed-use precinct: 1,627sqm of retail plus 34 apartments
– Trade area population: ~117,000 residents, project + 16,000 by 2046
– Strong professional demographic with limited price sensitivity
High-income catchment:
Avg. household income: ~$155,000 (24% above Greater Sydney)
Avg. per capita income: ~$97,000 (60% above Greater Sydney)
Retail spending power:
– Total trade area retail spend: $2.8 billion (2025) to $5.3 billion by 2046
– Food catering spend: $729 million p.a.
– Per capita retail spend 50% higher than Greater Sydney average
– Worker population ~7,000 within 1km, spending $24 – $32 million nearby
This is the last remaining opportunity within a high-performing precinct where demand consistently outpaces supply.
For more information please contact Michael Khouri, Hudson Retail Group.
Talk to us
Our team combines industry knowledge with a hands-on approach to ensure every client gets the attention and results they deserve. We are your partners.
Leasing Opportunities (22)
Explore what’s new to the market
View listings below
For Lease
A Ground Floor Restaurant in Sydney’s Commercial Core
Tenancy 2, 50 Pitt Street, SYDNEY NSW 2000
For Lease
A Fully Fitted Hospitality Tenancy within a Blue Chip Mascot Office precinct
185-189 O’Riordan Street, MASCOT NSW 2020
For Lease
Prime Corner Retail Tenancy Opposite Hyde Park and Close to New Gadigal Station
231 Elizabeth Street, SYDNEY NSW 2000
For Lease
Flagship Darling Harbour Hospitality Opportunity Within The Iconic Ribbon Building
35 Wheat Road, SYDNEY NSW 2000
For Lease
Turnkey CBD Food & Beverage Opportunity Opposite Gadigal Metro
201 Elizabeth Street, SYDNEY NSW 2000
For Lease
A Rare Beachfront Flagship Opportunity in Port Melbourne
103 Beach Street, PORT MELBOURNE VIC 3207
For Lease
Corner Hospitality Landmark in Surry Hills
233 Riley Street, SURRY HILLS NSW 2010
For Lease
Iconic Corner Flagship in the Heart of Double Bay
2-10 Bay Street, DOUBLE BAY NSW 2028
For Lease
Boutique Retail Opportunity at The Rex, Potts Point
Shop 3/50 Macleay Street, POTTS POINT NSW 2011
For Lease
Prominent Corner Retail at The Rex, Potts Point
Shop 5/50 Macleay Street, POTTS POINT NSW 2011
For Lease
A Distinctive Retail Space Beneath 25hours Hotel
1-11 Oxford Street, PADDINGTON NSW 2021
For Lease
Last Remaining Retail Space | Pienza Neutral Bay Village Precinct
Shop 6/12 Waters Road, NEUTRAL BAY NSW 2089
For Lease
Premium Fitness & Wellness Space in Sydney’s CBD
1 Shelley Street, SYDNEY NSW 2000
For Lease
Prime Retail Leasing in Kensington’s Newest Precinct
187 Anzac Parade, KENSINGTON NSW 2033
For Lease
Prime Restaurant and Café Opportunity in the Heart of Surry Hills
202 Devonshire Street, SURRY HILLS NSW 2010
For Lease
A Rooftop Oasis in the Heart of Sydney CBD
The Atrium – Restaurant & Alfresco Bar/309-321 Kent Street, SYDNEY NSW 2000
For Lease
High-Exposure Retail at Iglu Redfern
88 Regent Street, REDFERN NSW 2016
For Lease
Premium Retail at the Village Heart in Maya, Mona Vale
19 Bungan Street, MONA VALE NSW 2103
For Lease
Beachfront Visibility with Design-Led Presence
67 Gerrale Street, CRONULLA NSW 2230
For Lease
A Landmark Retail Opportunity in Sydney CBD
Shop 2/347 Kent Street, SYDNEY NSW 2000
For Lease
Prime Retail Opportunities on Oxford Street
171 Oxford Street, DARLINGHURST NSW 2010