5/99 Military Road, Neutral Bay, NSW 2089 | Property Value & History | OnTheHouse
OFF MARKET

5/99 Military Road
Neutral Bay NSW 2089

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 33m2
Land area: 1225m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 5/99 Military Rd, Neutral Bay

Building Type
Commercial
Year Built
2000
Floor Size
33m2
Land Size
1225m2
Local Government
North Sydney
Lot/Plan
5/SP63422

Last Listing description (March 2025)

Ray White Commercial is pleased to present Shop 5, 99-111 Military Road, Neutral Bay for sale by Private Treaty.

Located in the heart of Neutral Bay, with thousands of commuters passing by every day, the premises presents as an outstanding opportunity to secure a retail investment with car spaces and a storage area on title in an excellent position.

The premises feature a retail area of 33 sqm*, storage space of 11 sqm* and 2 secure car spaces totalling 28 sqm*. The tenanted shop has been fitted out with professional lighting, air-conditioning, floating timber flooring, separate kitchen and offers both front and rear access.

This prime retail space is surrounded by an array of long-standing retailers including Coles, Woolworths, The Oaks Hotel, Chemist Warehouse, Anytime Fitness and Australia Post, as well as a myriad of local cafes, eateries, medical practices and retail shops.

Property Highlights:
- Net Lettable Area comprising of Retail, Storage and car spaces: 72 sqm*
- Retail Area: 33 sqm*
- Storage Space: 11 sqm*
- 2 Secure car spaces of 28 sqm* total
- Floor-to-ceiling glass street frontage for the retail space
- Prime positioning on Military Road
- Estimated Net Income of $37,754 per annum + GST*

*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 5/99 Military Rd, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
Last Sold
$535,000
17 May 2018
Listed for Rent
$10/w
07 Mar 2022
  • 25 Nov 2024
    Listed for Sale Contact Agent
  • 23 Aug 2024
    Listed for Sale Contact Agent
  • 28 Jun 2024
    Listed for Sale Contact Agent
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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 7,267 properties. Over the last 5 years, Houses in Neutral Bay have seen a -10.16% decrease in median value, while Units have seen a 0.62% increase. As at 31 July 2026:

  • The median value for Houses in Neutral Bay is $2,845,184 while the median value for Units is $1,193,765.
  • Houses have a median rent of $1,250 while Units have a median rent of $780.
There are currently 33 properties listed for sale, and 39 properties listed for rent in Neutral bay on OnTheHouse. According to Cotality's data, 269 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.