FOR SALE
Contact Agent

Shop 5/99 Military Road
Neutral Bay NSW 2089

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 44m2
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

HIGH PROFILE LOCATION WITH LONG-STANDING TENANT

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
See More

Property Details for Shop 5/99 Military Rd, Neutral Bay

Building Type
Commercial
Floor Size
44m2

Commute Calculator

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 7,170 properties. Over the last 5 years, Houses in Neutral Bay have seen a 18.39% increase in median value, while Units have seen a 24.37% increase. As at 30 November 2024:

  • The median value for Houses in Neutral Bay is $2,889,367 while the median value for Units is $1,253,434.
  • Houses have a median rent of $900 while Units have a median rent of $730.
There are currently 15 properties listed for sale, and 37 properties listed for rent in Neutral bay on OnTheHouse. According to CoreLogic's data, 285 properties were sold in the past 12 months in Neutral bay.

Suburb Insights for Neutral Bay 2089

Market Insights
Neutral Bay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neutral Bay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Logan Grisaffe
Show contact details
Max Stephens
Show contact details
RWC Sydney North
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.