SOLD
Sold on 01 Jul 2024 for $6,500,000

214 Military Road
Neutral Bay NSW 2089

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 80m2
Land area: 219m2
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Property Details for 214 Military Rd, Neutral Bay

Building Type
Commercial
Floor Size
80m2
Land Size
219m2
Local Government
North Sydney
Lot/Plan
3/DP613732

Last Listing description (August 2019)

Located in the Centre of Neutral Bay this office offers access to all necessary services including:

- Banks and Post Office
- Woolworths Car Park

- Cafes/Wine Bars/Restaurants

Other features include
-112sqm
- Two Balcony's
- Great Natural Light
- New Kitchen and private bathroom facilities
- Ample customer parking in Woolworths car park just metres away

For any further details or to inspect please contact

Ben Fowler
0437 358 633
02 9953 3400
ben@dorancommercial.com.au

Property History for 214 Military Rd, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
Last Sold
$6,500,000
01 Jul 2024
Listed for Rent
15 May 2019
  • 01 Jul 2024
    Sold for $6,500,000
  • 05 Oct 2018
    Listed for Rent $40,000 / year
  • 29 Jun 2018
    Listed for Rent - Price not available
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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 7,079 properties. Over the last 5 years, Houses in Neutral Bay have seen a 26.90% increase in median value, while Units have seen a 32.13% increase. As at 30 September 2024:

  • The median value for Houses in Neutral Bay is $2,979,323 while the median value for Units is $1,299,463.
  • Houses have a median rent of $950 while Units have a median rent of $720.
There are currently 19 properties listed for sale, and 42 properties listed for rent in Neutral bay on OnTheHouse. According to CoreLogic's data, 286 properties were sold in the past 12 months in Neutral bay.

Suburb Insights for Neutral Bay 2089

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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.