1/199-207 Military Road, Neutral Bay, NSW 2089 | Property Value & History | OnTheHouse
OFF MARKET

1/199-207 Military Road
Neutral Bay NSW 2089

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 85m2
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Property Details for 1/199-207 Military Rd, Neutral Bay

Building Type
Commercial
Year Built
2010
Land Size
85m2
Local Government
North Sydney
Lot/Plan
5/SP85417

Last Listing description (October 2017)

THIS IS AN INCREDIBLE OPPORTUNITY TO SECURE A PRIME STRATA TITLE RETAIL PREMISES IN ONE OF SYDNEY'S MOST PRESTIGIOUS REAL ESTATE INVESTMENT PRECINCTS, MILITARY ROAD, NEUTRAL BAY A HIGHLY EXPOSED LOCATION WITH UP TO APPROX.78,000 VEHICLES PASSING DAILY IN THE HEART NEUTRAL BAY VILLAGE SURROUNDED BY CAF?S, RESTAURANTS AND PREMIUM RETAIL INCLUDING WOOLWORTHS.OCCUPY OR INVEST - IDEAL FOR AN OWNER OCCUPIER AND OR ASTUTE INVESTOR THIS 327 SQM* HIGHLY SOUGHT AFTER RETAIL PREMISES OFFERS A RARE OPPORTUNITY TO ACQUIRE 2 RETAIL SHOPS ON SEPARATE TITLES CONSISTING OF 255 SQM* AND 72 SQM*, PROVIDING FLEXIBILITY FOR FUTURE GROWTH AND OR AN ADDITIONAL INCOME WITH OUTSTANDING RENTAL POTENTIAL.KEY FEATURES INCLUDE:- PRIME RETAIL NET LETTABLE AREA OF 327 SQM *- TWO RETAIL SHOPS - SHOP 1 = 255 SQM* PLUS SHOP 5 = 72 SQM*- MODERN BUILDING WITH LOW OUTGOINGS- SOUGHT-AFTER TRIPLE STREET RETAIL FRONTAGE FOR SUPERIOR EXPOSURE- BLANK CANVASS, READY FOR YOUR FIT-OUT- HIGH CEILINGS, INDEPENDENT AIR-CONDITIONING, PLUMBING FOR INTERNAL M/F AMENITIES AND KITCHEN- ACCESS TO COMMON AREA AMENITIES AND LOADING DOCK- TIGHTLY HELD RETAIL PRECINCT WITH DENSELY POPULATED RESIDENTIAL CATCHMENT - 4 SECURITY BASEMENT CAR SPACES PLUS 2 OVERSIZE STORAGE CAGES ON TITLE- B4 MIXED USE ZONING WOULD SUIT A VARIETY OF BUSINESS INCLUDING MEDICAL, COMMERCIAL OFFICE OR RETAIL USERSSHOPS WILL BE SOLD AT AUCTION IN ONE LINE IF NOT SOLD PRIOR.* APPROX.AUCTION: THURSDAY, 9 NOVEMBER 2017 @ 10:30 AM AT COOLEY AUCTION CENTRE CBD, 1 MARGARET STREETSYDNEY FOR MORE INFORMATION OR TO ARRANGE AN ONSITE INSPECTION, PLEASE DO NOT HESITATE TO CONTACT THE EXCLUSIVE SELLING AGENTS.

Property History for 1/199-207 Military Rd, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
Last Sold
$4,280,000
11 May 2021
Listed for Rent
$1.13k/w
19 Apr 2017
  • 11 May 2021
    Sold for $4,280,000
  • 09 Oct 2017
    Listed for Sale Not Disclosed
  • 04 Jun 2015
    Listed for Rent - Price not available
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About 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 7,252 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.
There are currently 30 properties listed for sale, and 38 properties listed for rent in Neutral bay on OnTheHouse. According to Cotality's data, 262 properties were sold in the past 12 months in Neutral bay.

Suburb Insights for Neutral Bay 2089

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.