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
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:
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