5/151 Military RoadNeutral Bay NSW 2089
Property Details for 5/151 Military Rd, Neutral Bay
Last Listing description (April 2017)
SITUATED IN THE HEART OF NEUTRAL BAY A FEW METRES UP FROM THE POST OFFICE THIS EXCELLENT RETAIL SHOP IS BUSTLING WITH TRADE AND PASSING TRAFFIC. NEUTRAL BAY IS A DENSELY POPULATED METROPOLIS WITH A WIDE RANGE OF BOUTIQUE RETAIL SHOPS. CURRENTLY OPERATING AS A SHOE SHOP, THIS UNIQUE INVESTMENT HAS DIRECT ACCESS TO MILITARY ROAD, IS IMMACULATELY PRESENTED, NEW AIR-CONDITIONING, MODERN TIMBER FLOORS, EXCELLENT INTERNAL LIGHTING, FULL GLASS FRONTAGE PROVIDING MAXIMUM EXPOSURE AND GREAT NATURAL LIGHT. - 65SQM, STORAGE ROOM & KITCHENETTE INCLUDED- LEASED AS A SHOE SHOP, EXPIRY AUG 19- CLOSE TO POST OFFICE, LOW VACANCY RATE- DENSELY POPULATED AREA, AFFLUENT DEMOGRAPHIC- DIRECT ACCESS TO MILITARY ROAD PASSING TRAFFIC- MULTITUDE OF POTENTIAL USES- AFFORDABLE ENTRY POINT INTO COMMERCIAL REALESTATECONTACT ELLIOT STANSFIELD - 0405 451 577 FOR FURTHER INFORMATION.
Property History for 5/151 Military Rd, Neutral Bay, NSW 2089
- 11 Apr 2017Listed for Sale Not Disclosed
- 29 Mar 2016Listed for Sale Not Disclosed
- 25 Apr 2013Listed for Rent - Price not available
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0About 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 7,247 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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