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116 Military Road
Neutral Bay NSW 2089

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
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LAST SHOP REMAINING - LOOKING FOR EXPERIENCED F & B / CAFE / BAKERY OPERATOR

The Big Bear Shopping Centre now has only one leasing opportunity left to be part of the recently refurbished centre, anchored by leading Australian retailer Coles.
Located at the Gateway to Neutral Bay, the site affords excellent exposure and visibility with tenancies extremely well located to service passing traffic as well as surrounding residents. The site is located adjacent to the Neutral Bay Bus terminus and surrounded by long standing establishments and retailers such as The Oaks, Anytime Fitness and more.
Property Highlights:
• Last remaining tenancy: 120.6 sqm*
• Coles Anchored shopping centre
• Ease of accessibility and services
• 180* car spaces with direct access into the centre
• Located on the Neutral Bay Bus terminus and surrounded by long standing establishments and retailers such as The Oaks, Anytime Fitness and more.
*All figures are approximate
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Property Details for 116 Military Rd, Neutral Bay

Building Type
Commercial
Floor Size
120m2

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About Neutral Bay 2089

The size of Neutral Bay is approximately 1.3 square kilometres. It has 20 parks covering nearly 8.8% of total area. The population of Neutral Bay in 2011 was 9,384 people. By 2016 the population was 10,498 showing a population growth of 11.9% 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 2011, 46.1% of the homes in Neutral Bay were owner-occupied compared with 44.9% in 2016.

Neutral Bay has 7,066 properties. Over the last 5 years, Houses in Neutral Bay have seen a 16.81% increase in median value, while Units have seen a 30.88% increase. As at 31 October 2024:

  • The median value for Houses in Neutral Bay is $2,819,500 while the median value for Units is $1,277,820.
  • Houses have a median rent of $900 while Units have a median rent of $720.
There are currently 17 properties listed for sale, and 39 properties listed for rent in Neutral bay on OnTheHouse. According to CoreLogic's data, 296 properties were sold in the past 12 months in Neutral bay.

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Logan Grisaffe
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