Lowry Property Group is delighted to offer 41 Military Road, Neutral Bay to the market For Sale.
Perfectly located 41 Military Road, Neutral Bay offers unparalleled exposure and access to excellent amenities. This impressive 3-storey mixed-use freehold building, meticulously refurbished, presents a unique chance for investors, occupiers, developers, or land bankers in one of Sydney's most vibrant suburbs.
The property is under-utilised and has excellent redevelopment potential. A scheme has been developed which demonstrates up to 932 sqm of GFA under the current LEP. Additional bonuses could apply which could provide an additional 30% in GFA (subject to council and relevant planning authorities).
Key Property Features:
Impressive 3-storey mixed-use freehold building
Exposure to over 700,000 vehicles weekly
Meticulous refurbishment
641 sqm of building area
Current improvements under-utilise the site
42m in retail frontages
Located opposite Big Bear Shopping Centre, providing 197 public car spaces with 90 minutes of free parking
Only 200m to The Oaks Hotel
Mixed-use zoning
Indicative scheme for 932 sqm of GFA (stca)
Ideal for investors, occupiers, developers, or land bankers
For more information or to arrange an inspection contact Jason Lowry on 0419 277 527 or Nick Lowry on 0408 891 376.
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 7,248 properties. Over the last 5 years, Houses in Neutral Bay have seen a -8.32% decrease in median value, while Units have seen a 12.25% increase. As at 30 April 2026:
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