1/197 Military RoadNeutral Bay NSW 2089
Property Details for 1/197 Military Rd, Neutral Bay
Last Listing description (September 2025)
Situated in the retail hub of Neutral Bay, adjacent to the Military Road and Rangers Road intersection, this retail shop offers excellent exposure with its corner positioning and large glass frontage. It is an ideal location, being located in close proximity to Woolworths and abundant parking facilities.
The premises has an area of 46sqm* and includes 1 secure car space. The premise has been operating as a cafe for close to 10 years* and is ideal for a food and beverage operator with the option of an outdoor seating area (STCA).
The shop is passed by thousands daily and surrounded by long standing leading retailers including Woolworths, Chambers Cellars, Priceline, Nike, Acai, Jetts Fitness to name a few.
Property Highlights:
• 46 sqm*
• 1 x Secure car space
• Shared Bathroom facilities
• Prominent corner glass frontage to Military Road
• Adjacent to Military Road and Rangers Road intersection
• Close proximity to Woolworths and abundant parking
• Operating as a cafe for close to 10 years*
• Surrounded by long standing leading retailers
• Passed by thousands of commuters daily
*All figures are approximate
For further details 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 1/197 Military Rd, Neutral Bay, NSW 2089
- 09 Apr 2025Listed for Rent - Price not available
- 25 Jun 2021Sold for $550,000
- 09 Apr 2002Sold for $440,000
Recent sales nearby
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0About Neutral Bay 2089
The size of Neutral Bay is approximately 1.3 square kilometres. There are 20 parks, covering nearly 8.8% of the 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 7,251 properties. Over the last 5 years, Houses in Neutral Bay have seen a -10.16% decrease in median value, while Units have seen a 0.62% increase. As at 31 July 2026:
- The median value for Houses in Neutral Bay is $2,845,184 while the median value for Units is $1,193,765.
- Houses have a median rent of $1,250 while Units have a median rent of $780.
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