Sold

583 Military Road,
Mosman 2088, New South Wales

112m² land size
182m² building size
Retail

Price withheld


Property details

Mixed Use Freehold Investment Opportunity

Ray White Commercial Sydney North in conjunction with Hayson Property is pleased to present 583 Military Road, Mosman, for sale via Private Treaty.

Perfectly positioned in the centre of Mosman's fashion precinct, this mixed-use freehold property offers the opportunity to purchase a prime investment asset in this excellent location.

Offering 112 sqm* of Land and over 4m* street frontage to Military Road, the property consists of prominent retail premises on the ground floor and a 2-bedroom apartment on level one.

Comprising of a net lettable area of 182 sqm* across the retail and residential tenancies, the property currently offers a gross income of $209,319 per annum + GST*.

Occupying the ground floor premises is national fashion brand SABA, offering modern men's and women's wear collections alongside a core of elevated essentials, trading in over 61 stores across Australia.

The site benefits from a E1 Local Centre zoning, a Floor Space Ratio of 2.5 : 1 and a height limit of 15 metres allowing for significant future development to add value and profit (STCA).

This outstanding high-traffic area is passed by thousands daily and is in close proximity to successful long-standing national and local retailers including Myahgah Mews, Fourth Village Providore and surrounded by leading fashion retailers such as Carla Zampatti, Bianca Spender, Camilla and Marc and more.

Property Highlights:
• Mixed Use Investment Opportunity
• 112 sqm* Land Area
• 182.3 sqm* Net lettable area
• Ground floor retail + 2x bedroom apartment
• Over 4m* frontage to Military Road
• Strategically located in the heart of Mosman's leading fashion retailers

*All figures are approximate

For further details or to arrange an inspection please contact:

Scott Stephens | 0434 341 001
Scott.stephens@raywhite.com

Max Stephens | 0429 500 156
max.stephens@raywhite.com

Jack Hayson | 0488 522 585
jack@haysonproperty.com.au

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