5/60 Ourimbah RoadMosman NSW 2088
Property Details for 5/60 Ourimbah Rd, Mosman
5/60 Ourimbah Rd, Mosman is a 4 bedroom, 2 bathroom Unit and was built in 1930. The property has a land size of 517m2 and floor size of 203m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Last Listing description (November 2017)
An excellent opportunity for an investor to secure a prime piece of residential and retail Mosman real estate. With an income stream from three tenants, it is comprised of a street-level retail space and two 2 bed/1 bath residential apartments. The retail shop, with Ourimbah Road frontage, has excellent exposure to thousands of cars daily and comes equipped with a new, first-class fit-out. The residential apartments, accessed via Rosebery Street, were completely refurbished in 2014.
A proven investment with a history of long-term tenants. The shop frontage claims a premium position with a coveted northerly aspect. An experienced popular retailer on a long-term lease, Four Brothers Espresso, is also the only caf in this vicinity - ensuring a community following.
Set back off Ourimbah Road, the residential units are accessed via Rosebery Street. With a recent 12 month leases - the property can be bought fully occupied. Both enjoy a westerly aspect and were updated in 2014 including quality renovations of the kitchens and bathrooms. Less than 1km walk to Spit Junction shopping precinct, including Bridgepoint, transport only metres away.
Projected total net income of $119,280* + GST where applicable, per annum
Potential to divide existing lot into separate strata lots
Zoned R3 Medium Density Residential
For sale by Private Treaty
Total area on title 224sqm
Commercial Tenancy:
5 year lease expiring 2021 with a further 5 year option period
Fixed annual rental increases
Lettable area of approximately 58sqm over a single level layout
Recent high-end fit-out in place, renovated kitchen supplied by owner
Residential Tenancies:
Recent 12 month tenancies in place
2014 renovation
First floor apartment 85sqm total including covered balcony
Ground floor apartment 60sqm internal plus 21sqm storage; total 81sqm
Inspect: Strictly by appointment with agent
*Areas are approximate. Information has been supplied to agent by vendors. All parties must rely on their own independent investigations.
Property History for 5/60 Ourimbah Rd, Mosman, NSW 2088
- 20 Oct 2017Sold
- 20 Oct 2017Sold for $1,950,000
- 10 Mar 2017Listed for Sale For Sale
Recent sales nearby
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About Mosman 2088
The size of Mosman is approximately 8.7 square kilometres. It has 45 parks covering nearly 29.6% of total area. The population of Mosman in 2016 was 28475 people. By 2021 the population was 28329 showing a population decline of 0.5% in the area during that time. The predominant age group in Mosman is 50-59 years. Households in Mosman are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mosman work in a professional occupation.In 2021, 64.10% of the homes in Mosman were owner-occupied compared with 62.80% in 2016.
Mosman has 16,017 properties. Over the last 5 years, Houses in Mosman have seen a 31.66% increase in median value, while Units have seen a 37.08% increase. As at 31 January 2026:
- The median value for Houses in Mosman is $5,873,337 while the median value for Units is $1,497,974.
- Houses have a median rent of $1,700 while Units have a median rent of $800.
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