252 Military RoadNeutral Bay NSW 2089
Property Details for 252 Military Rd, Neutral Bay
Last Listing description (July 2015)
Sold By Tom Doran - Call Him On 0407 928 324 For Off Market Sites
Sold By Rick & Tom Doran From Doran Commercial
Doran Commercial is pleased to be the exclusive marketing agent for 252 Military Road Neutral Bay.
OPPORTUNITIES
Investors - 1 or 2 tenancies. Potential to convert 1st floor to residential (stca)
PROPERTY DETAILS
Site Area: 152sqm
The Building- A two level freehold building facing Military Rd with the benefit of sought after off-street parking at rear
Location - Neutral Bay, the North Shore's Favorite place to Eat, Dine & Drink
Neutral Bay is recognized as the 'It' place to be for quality food operations on the lower North Shore. Whether it's quick service Retail, Restaurants or Bar Dining operations; Neutral Bay has in-built customers that are naturally drawn to the area.
252 Military Road is in the heart of the renowned Neutral Bay Restaurant Strip, located beside the iconic Pickled Possum Wine Bar Restaurant. With neighbours such as Thai Intra Cuisine, Bangkok Betty, Shimbasi Traditional Japanese Dining and Ginger & Spice Singapore Restaurant.
Zoning - B4 Zoning allows for mixed usage of Retail/Commercial/Residential (STCA). Vacant Freehold Building - With 2 Separate Strata's
Price Range - Offers over $1,000,000 gst exclusive
INSPECT
By appointment.
Should you have any questions or wish to inspect please contacted below
Rick or Tom Doran on 0408 674 623/0407 928 324 or rick@dorancommercial.com.au or tom@dorancommercial.com.au
Property History for 252 Military Rd, Neutral Bay, NSW 2089
- 16 Jul 2015Sold - Price Undisclosed
- 12 May 2015Listed for Sale Offers around $1,000,000 gst exclusive
- 17 Apr 2015Listed for Rent $53,820 + GST
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 7,241 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.
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