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81 Military Rd 1,388 SF Office/Retail Condo Unit Offered at $597,473 in Neutral Bay, NSW 2089
Investment Highlights
- Positioned on Military Road, a key arterial route on Sydney’s Lower North Shore
- High visibility frontage to both vehicular and pedestrian traffic
- Public transport access via frequent bus services along Military Road
- Mixed-use building configuration with retail, commercial and residential components
- Surrounded by established retail, hospitality and service-based operators
Executive Summary
81–91 Military Road, Neutral Bay NSW is a prominently positioned mixed-use property located along one of the Lower North Shore’s primary commercial corridors. The site benefits from direct frontage to Military Road, a major arterial road linking Neutral Bay with North Sydney, Mosman and the Sydney CBD. The property is situated within an established activity precinct characterised by a combination of retail, commercial and residential uses. Surrounding development includes local and national retailers, hospitality venues, professional services and residential apartments, contributing to consistent pedestrian and vehicular movement throughout the day. Public transport services operate along Military Road, providing regular bus connections to the Sydney CBD and surrounding North Shore suburbs. The property is also located within walking distance of Neutral Bay Village and nearby retail centres, supporting accessibility for customers, occupants and staff. The building accommodates a combination of strata lots and commercial tenancies, with rear and secondary street access available via Ben Boyd Road for selected areas. This configuration supports flexible use across retail, commercial and residential components, subject to zoning and approvals.
Property Facts
| Total Building Size | 7,847 SF | Floors | 3 |
| Property Type | Retail (Condo) | Typical Floor Size | 7,836 SF |
| Property Subtype | Storefront Retail/Office | Lot Size | 0.27 AC |
| Building Class | C |
| Total Building Size | 7,847 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 7,836 SF |
| Lot Size | 0.27 AC |
Amenities
- Bus Line
- Corner Lot
- Freeway Visibility
- Restaurant
- Security System
- Accent Lighting
- Storage Space
- Recessed Lighting
- Air Conditioning
- Balcony
- Smoke Detector
1 Unit Available
Unit 9
| Unit Size | 1,388 SF | Sale Type | Investment or Owner User |
| Price | $597,473 | Cap Rate | 4.89% |
| Price Per SF | $430.46 | NOI | $29,205.91 |
| Condo Use | Office/Retail | Sale Conditions | Build to Suit, Lease Option |
| Unit Size | 1,388 SF |
| Price | $597,473 |
| Price Per SF | $430.46 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.89% |
| NOI | $29,205.91 |
| Sale Conditions | Build to Suit, Lease Option |
Description
This retail space offers a rare opportunity in Neutral Bay’s vibrant dining and retail precinct. Positioned directly opposite The Oaks Hotel, the property benefits from exceptional exposure along Military Road, one of the area’s busiest thoroughfares. The premises include a fully equipped kitchen with grease trap and exhaust, making it ideal for hospitality operators seeking a turnkey solution. Additional features include a rear loading dock, one dedicated car space, and separate men’s and women’s restrooms, ensuring operational convenience.
Sale Notes
Retail space available as owner-occupier or for investment purposes. Currently a shell space ready to be converted into any retail or prof. service type.
Annual rental income: $49,400
Annual Outgoings: $7,850
Outgoing breakdown: Council $375 per quarter, Water $300 per quarter, Strata $1100 per quarter, Rubbish removal $750 /year
Shop interior
Shop interior
Floor plan
Interior
Presented by
81 Military Rd
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