OFF MARKET

27/40-56 Military Road
Neutral Bay NSW 2089

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 129m2
Land area: 2104m2
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Property Details for 27/40-56 Military Rd, Neutral Bay

27/40-56 Military Rd, Neutral Bay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1979. The property has a land size of 2104m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in September 2010.

Building Type
Unit
Year Built
1979
Floor Size
129m2
Land Size
2104m2
Local Government
North Sydney
Lot/Plan
27/SP14699

Last Listing description (September 2010)

Townhouse Style, North-Facing, Quiet, Private ... Huge Potential
Literally minutes to Neutral Bay s cosmopolitan cafe scene, shops and transport, this bright and spacious 2 level apartment offers discerning buyers the chance of a lifetime!
At the rear of a well maintained security block, flooded with northerly light and sunshine on 3 sides, this generous apartment enjoys a pleasant leafy outlook. In original, well maintained order, it offers exceptional potential to update, renovate and reap the rewards. The main level has a very large living/dining that opens to a wide private balcony, functional original kitchen, laundry and powder room. Upstairs, 3 good sized bedrooms, (2 with robes, the master with ensuite) and main bathroom. Security tandem parking with internal access completes the offering.

Premium potential in one of the Lower North Shore s most convenient and popular locations.
Internal Area: 129sqm
Parking 30sqm
Total 159sqm
Strata Levies: $1,348.00pq
Council Rates: $180pq
Water Rates: $130pq
Taylor Law 0423 506 055
Anna Leadbetter 0450 217 587

Property History for 27/40-56 Military Rd, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
Last Sold
$750,000
24 Sep 2010
Listed for Rent
$550/w
12 Jun 2008
  • 24 Sep 2010
    Sold for $750,000
  • 28 Aug 2010
    Listed for Sale OFFERS OVER $720,000
  • 06 Jun 2008
    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 7,061 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 18 properties listed for sale, and 43 properties listed for rent in Neutral bay on OnTheHouse. According to CoreLogic's data, 291 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.