2/154-158 Military RoadNeutral Bay NSW 2089
Property Details for 2/154-158 Military Rd, Neutral Bay
Last Listing description (March 2025)
Ray White Commercial Sydney North as the exclusive selling agent is pleased to present Shop 2 / 154 - 158 Military Road, Neutral Bay.
Chemist Warehouse is the anchor retail tenant of a prominent mixed-use building with a commanding presence on Military Road due to its 18m* of street frontage is Shop 2, 154 - 158 Military Road, Neutral Bay. On offer is a fantastic opportunity to acquire an outstanding commercial investment, occupied by Leading National Tenant, Chemist Warehouse on a long lease on Sydney's Lower North Shore.
Diversifying the revenue stream is the additional income provided from the 11 separately leased car spaces, together with the Chemist Warehouse tenancy, brings the gross income to $364,949 per annum + GST*.
Spanning a lettable area of 385 sqm*, the property offers fantastic exposure to Military Road with rear access for loading and 11 x car spaces, with its positioning further enhanced with the proximity of complementary businesses within the complex including a Medical Practice, Dental Practice, Veterinary clinic and specialist consulting rooms.
The property is ideally situated in the centre of Neutral Bay Village and within walking distance to national retailers including Woolworths, Coles, Australia Post, Anytime Fitness, as well as specialty stores, niche retailers, financial institutions, professional services, medical specialists, bars, cafes and restaurants.
Shop 2 / 154 - 158 Military Road, Neutral Bay is surrounded by easy access to public transport which easily connects the property to Sydney CBD, Lower North Shore, Upper North Shore and Northern Beaches.
Property Highlights:
• Tenanted Investment with Leading National Tenant, Chemist Warehouse
• 385 sqm* + Storage
• 11 x Secure car spaces on separate leases
• Gross Income of $364,949 per annum + GST*
*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 2/154-158 Military Rd, Neutral Bay, NSW 2089
- 14 Oct 2024Listed for Sale CIRCA 6% NET YIELD
Recent sales nearby
See more recent sales nearby/assets/perm/s22okdqqmyi65jk6o737mwheca?signature=57232ed9b55837da6e989830998eb8ef0ba3b4eb920fe02e14586c2a2f374447){kind=logo}
0
/assets/perm/dxq5hwvw6mi6zib63x3kwfcxwi?signature=441247a33c21e51b7f3926b1b017053776bde80b11c556b082ff16ef1191b8d0){kind=logo}
0/assets/perm/lxwhrgayiii63gyi6ncerg43va?signature=60633db38ac7bc0262e84072ef21ffb4e0c83134d98a4bd0ce895771dff0406a){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 -24.04% decrease in median value, while Units have seen a -1.09% decrease. As at 31 August 2026:
- The median value for Houses in Neutral Bay is $2,757,003 while the median value for Units is $1,201,160.
- Houses have a median rent of $1,350 while Units have a median rent of $795.
Suburb Insights for Neutral Bay 2089
Market Insights
Neutral Bay Trends for Houses
N/A
N/A
View TrendN/A
N/A
Neutral Bay Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
