Your email has been sent.
81 Military Rd 516 SF Retail Condo Unit in Neutral Bay, NSW 2089
Investment Highlights
- Prominent frontage along Military Road, a key retail and dining strip in Neutral Bay.
- Surrounded by established retailers, cafes, and restaurants in a vibrant commercial hub.
- Located within Sydney’s affluent Lower North Shore, serving a strong residential and professional demographic.
- High exposure to both vehicle and foot traffic, enhancing visibility for businesses.
- Excellent public transport connectivity with nearby bus routes and access to ferry and train services.
Executive Summary
81 Military Road, Neutral Bay, NSW is a commercial property located along one of the Lower North Shore’s busiest retail and dining corridors. The property benefits from high visibility and strong pedestrian and vehicular traffic due to its position on Military Road, a major arterial route connecting Mosman, Cremorne, and North Sydney to the Sydney CBD. The surrounding area is characterized by a mix of retail shops, cafes, restaurants, and essential services, creating a vibrant commercial environment. Public transport accessibility is strong, with multiple bus stops within walking distance and proximity to ferry services and train stations in North Sydney. The location serves an affluent residential catchment with high household incomes and consistent demand for retail and hospitality offerings.
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 4
| Unit Size | 516 SF | Sale Type | Investment or Owner User |
| Condo Use | Retail | NOI | $35,859.60 |
| Unit Size | 516 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| NOI | $35,859.60 |
Description
Located in Sydney’s affluent Lower North Shore, Neutral Bay is a high-demand retail and dining precinct supported by strong demographics and consistent foot traffic. The property is equipped with a grease trap and exhaust system, making it well-suited for food and beverage operations. This is a true set-and-forget investment opportunity in a blue-chip location with long-term growth prospects.
Sale Notes
This tenanted retail investment offers a rare opportunity to secure a long-term income stream in one of Sydney’s most tightly held retail strips. Positioned along Military Road in Neutral Bay, the property benefits from exceptional exposure to both vehicular and pedestrian traffic. The asset is leased to a secure restaurant tenant under a brand-new five-year lease commencing September 2025, with an additional five-year option, ensuring income stability for the foreseeable future.
The lease structure includes annual CPI increases and a market rent review at the end of the initial term, providing built-in rental growth. The tenant is responsible for 100% of outgoings, further enhancing the net return. Current net income is $52,000 per annum plus GST, delivering an attractive yield in the range of approximately 4.7% to 5.2%.
Presented by
81 Military Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.