183 Military Road, Neutral Bay, NSW 2089 | Property Value & History | OnTheHouse
OFF MARKET

183 Military Road
Neutral Bay NSW 2089

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 316m2
Land area: 162m2
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Property Details for 183 Military Rd, Neutral Bay

Building Type
Commercial
Floor Size
316m2
Land Size
162m2
Local Government
North Sydney
Lot/Plan
A/DP322525

Last Listing description (July 2026)

Currently, two retail opportunities are available in this high-profile location in Neutral Bay's vibrant centre.

Shops 2 - 5 offer an impressive retail premises in a high-profile corner location, affording outstanding exposure with over 21m* of frontage to Military Road.

Shop 7 is positioned at the doorstep of the B1 bus stop and offers 82 sqm* in this thriving hub.

Situated in central Neutral Bay, you cannot miss this outstanding opportunity, located between Woolworths and the B-Line Bus stop, with the flexibility to take the whole premises spanning 192 sqm* or divided into smaller tenancies starting from 45sqm*.

The premise is located between leading Neutral Bay retailers such as Woolworths, Anytime Fitness, ANZ, Commonwealth Bank, Chambers Cellars, Chargrilled Charlie's, Baker's Delight and more local retailers. This presents an opportunity to be apart of this leading retail precinct that draws in thousands* of locals and commuters weekly, with no shortage of foot and vehicular traffic.

Available with this property is security-gated car parking, providing ease of access for motorists, as well as numerous bus stops leading to Sydney CBD, Lower North Shore and Upper North Shore, further generating prime exposure from locals and commuters alike.

Shops 2 - 5:
192 sqm* as a whole premises
Flexibility to be broken into smaller spaces starting from 45 sqm*
Over 21m* Street Frontage to Military Road
Flexible configuration to suit a variety of uses
Excellent signage opportunities

Shop 7:
82 sqm*
Shared bathroom facilities

Property Highlights:
Security-gated parking available
Located in busy retail strip attracting increased foot traffic
Generous lease incentives
Public Transport at your door.
Prominently located on a major arterial road with exceptional exposure to high volumes of passing traffic each day.
Upwards of 50,000 cars passing daily

Trade area population ~117,000* residents which is projected to increase by 16,000* by 2046

*All figures are approximate

For further information 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 183 Military Rd, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
Last Sold
$4,875,000
27 May 2014
Listed for Rent
$671/w
02 Dec 2025
  • 30 Apr 2026
    Listed for Rent - Price not available
  • 28 Jun 2022
    Listed for Rent - Price not available
  • 25 Mar 2022
    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 7,242 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 28 properties listed for sale, and 33 properties listed for rent in Neutral bay on OnTheHouse. According to Cotality's data, 281 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.