118 Military RoadNeutral Bay NSW 2089
Property Details for 118 Military Rd, Neutral Bay
Last Listing description (March 2023)
JLL Hotels & Hospitality Group is honoured to present for sale, a once-in-a-lifetime opportunity to own Australia's greatest hotel; The Oaks, Neutral Bay.
- Enormous diversified cash flow across food, beverage, gaming (30 EGMs) and retail
- Protected business with unrepeatable precinct licensing and trading approvals
- Highly desirable demographic and trading catchment
- Absolute premium investment opportunity in Australia's tightest-held real estate asset class
- True 'prospectus' or generational family office asset
Property History for 118 Military Rd, Neutral Bay, NSW 2089
- 02 Mar 2026Sold for $30,000,000
- 05 Aug 2022Listed for Sale Contact Agent
- 08 Jun 1990Sold
Recent sales nearby
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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 7,251 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.
Suburb Insights for Neutral Bay 2089
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