116 Military Road, Neutral Bay, NSW 2089 | Property Value & History | OnTheHouse
FOR RENT

116 Military Road
Neutral Bay NSW 2089

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9549m2
Save

Property Details for 116 Military Rd, Neutral Bay

Building Type
Commercial
Land Size
9549m2
Local Government
North Sydney
Lot/Plan
24/DP1062529

Last Listing description (July 2026)

Positioned at the gateway to the Lower North Shore and only 400 metres* from the Warringah Freeway, these recently refurbished office suites at 116 Military Road offer the premier opportunity to join Neutral Bay's growing metropolitan area. Positioned directly above the new 'Big Bear' Shopping Centre, these suites are in an ideal location, surrounded by an endless array of retailers, eateries and cafes.

With a variety of suites on offer, sizes of these suites range from 70 sqm* to 2,375 sqm* and boast immaculate city skyline views through the generously sized windows on each floor. Combining a blend of modernity and comfortability, these brand-new suites are complemented further through the lift lobby at entry, private offices in addition to the open working spaces, kitchenette and bathroom facilities, board rooms and ducted air conditioning. Also included in the suites on Level 2 is a private balcony providing immaculate views of Neutral Bay and its surroundings.

With dual access on both Military Road and Ernest Street and a high parking ratio, there is ample ease of access to 116 Military Road, alternatively, the Neutral Bay Bus Junction is situated outside the building and services routes across Sydney. With a high-profile positioning on Military Road, these suites are within close proximity to Neutral Bay's extensive retail and eatery offerings, including the likes of Big Bear Shopping Centre anchored by Coles, Australia Post, Anytime Fitness, Chemist Warehouse, The Oaks, Bourke Street Bakery and Grill'd, to name a few.

Property Highlights:
70 - 2,375 sqm* available
City skyline views and harbour views on higher levels
Generously sized windows providing ample natural light
Kitchenette and bathroom facilities
Inviting lobby space with lifts to all floors
Dual street access on Military Road and Ernest Street
Combination of open working spaces, private offices and boardrooms
Private balcony on Level 2 suites
Prime positioning at the gateway to the Lower North Shore
Surrounded by an array of local retailers, cafes and eateries

*all figures are approximate

For further information or to arrange an inspection please contact:

Scott Stephens | 0434 341 001
scott.stephens@raywhite.com

Logan Grisaffe | 0403 916 433
logan.grisaffe@raywhite.com

Property History for 116 Military Rd, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
Last Sold
$98,000,000
27 Mar 2015
Listed for Rent
$979/w
03 Jun 2026
  • 07 Apr 2026
    Listed for Rent - Price not available
  • 14 Feb 2019
    Listed for Rent - Price not available
  • 21 Jun 2018
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 7,247 properties. Over the last 5 years, Houses in Neutral Bay have seen a -10.14% decrease in median value, while Units have seen a 5.11% increase. As at 30 June 2026:

  • The median value for Houses in Neutral Bay is $2,852,993 while the median value for Units is $1,222,875.
  • Houses have a median rent of $1,290 while Units have a median rent of $775.
There are currently 29 properties listed for sale, and 36 properties listed for rent in Neutral bay on OnTheHouse. According to Cotality's data, 276 properties were sold in the past 12 months in Neutral bay.

Suburb Insights for Neutral Bay 2089

Market Insights
Neutral Bay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neutral Bay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.