Ray White Commercial Sydney North as exclusive selling agent is proud to present 797 Military Road, Mosman for Sale by private treaty.
Perfectly positioned in the heart of Mosman, this mixed-use freehold property offers the opportunity to purchase a prime investment asset offered to the market for the second time in over 100 years*. Offering 163 sqm* of land, 5 m* frontage to Military Road and generous proportions consisting of a superb retail premises in a high profile location, with the bonus of 2 x one bedroom apartments and parking for up to 2 cars.
Consisting of a net lettable area of 222 sqm* across the retail and residential tenancies, with national brand Aussie Home Loans as the retail tenant plus 2 x one bedroom apartments, the property offers an attractive Gross income of $212,025 per annum + GST*. Direct rear access to Raglan Street West Council Carpark provides the convenience of 57 car spaces* on the property's back step.
Located in the heart of thriving Mosman Junction Village with exceptional street presence, 797 Military Road is surrounded by successful long-standing national and local retailers and service providers including IGA Supermarket, Vintage Cellars, Australia Post, ANZ, Lululemon, Chemist Warehouse, Bakers Delight, Mitre10, Chargrill Charlies along with many other busy cafes and boutique shops.
Property Highlights:
Prime Investment
National Retail Tenant
2 x One-Bedroom Apartments
Land Area | 163 sqm*
Building Area | 222 sqm*
2 x Car Spaces
Estimated Gross Income of $212,025 per annum + GST*
*all figures are approximate
For further information or to arrange an inspection please contact:
Scott Stephens | 0434 341 001
scott.stephens@raywhite.com
The size of Mosman is approximately 8.7 square kilometres. It has 45 parks covering nearly 29.6% of total area. The population of Mosman in 2011 was 27,452 people. By 2016 the population was 28,491 showing a population growth of 3.8% in the area during that time. The predominant age group in Mosman is 40-49 years. Households in Mosman are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mosman work in a professional occupation. In 2011, 63% of the homes in Mosman were owner-occupied compared with 62.8% in 2016.
Mosman has 16,003 properties. Over the last 5 years, Houses in Mosman have seen a 45.33% increase in median value, while Units have seen a 37.10% increase. As at 31 July 2024:
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