120-122 Military RoadNeutral Bay NSW 2089
Property Details for 120-122 Military Rd, Neutral Bay
Last Listing description (July 2022)
X MARKS THE SPOT
We welcome you and your business to one of Neutral Bays most desirable locations. Set amongst one of the busiest retail precincts in Sydney, this rare opportunity provides offers an unrivalled ability to expose your business to over 50,000 passing cars per day! Opposite the Oaks and surrounded by amenity, this opportunity is truly not to be missed.
THE OPPORTUNITY
Well-constructed and well-presented building offers the ideal office and retail space for any business.
- 80sqm of Highly exposed retail
- 40sqm of food approved retail directly opposite the famous Oaks Hotel
- 70sqm of level 1 office space at extremely affordable asking rent
THE KEY X FACTORS OF INCLUDE:
- EXPOSURE TO 50,000 CARS PER DAY
- RETAIL SPACE BETWEEN 40SQM - 80SQM
- OFFICE SPACE: 70SQM
- FOOD APPROVED RETAIL
- FLEXIBLE LEASING TERMS AVAILABLE
Property History for 120-122 Military Rd, Neutral Bay, NSW 2089
- 22 Jul 2021Listed for Rent - Price not available
- 12 Jul 2016Listed for Rent - Price not available
- 14 Oct 2014Listed for Rent $61,200 / year
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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 7,233 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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