ICONIC BUILDING IN PRIME MOSMAN LOCATION

Ray White Commercial Sydney North as the exclusive selling agent is pleased to present 678 - 680 Military Road, Mosman, for sale via Private Treaty.

Positioned on the premier retail strip of Mosman Village, 678 - 680 Military Road, Mosman provides an outstanding opportunity for investors or developers to acquire this iconic building, offered with vacant possession.

Offering 384 sqm* of Land and over 45m* street frontage due to it's corner position on Military Road and Civic Lane, the property consists of prominent retail premises on the ground floor and a commercial tenancy on level one, complete with a double garage with additional parking/courtyard area and side lane access via Civic Lane.

Comprising of a net lettable area of 485 sqm* across the retail and commercial tenancies, the property has an estimated gross income of $300,000 per annum + GST*.

The property presents as an incredible opportunity for investors or developers who wish to maximise the potential of the site, given the existing under development. The E1: Local Centre Zoning, 15m height limit and 2.5:1 FSR offering future redevelopment upside (STCA). There is also further development potential under the recent State Planning LMR policies with the potential for additional FSR and height control.

This outstanding high-traffic area is passed by thousands daily and is surrounded by successful long-standing national and local retailers along with busy cafes and boutique shops.

Property Highlights:

• Land Area - 384 sqm*
• Net Lettable Area - 485 sqm*
• Over 45m* of street frontage to Military Road & Civic Lane
• Estimated Gross Income of $300,000 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

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