623-625 Military Road,
Mosman, NSW 2088
Shops & Retail
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Sale - Auction Thu 16 May
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IB Property
322 Crown StreetSURRY HILLS, NSW 2010
623-625 Military Road
Mosman, NSW 2088
Map of 623-625 Military Road
Train stations within 5 km of 623-625 Military Road, Mosman, NSW 2088 Distance Milsons Point Station 3.6 km North Sydney Station 3.7 km Waverton Station 4.4 km St Leonards Station 4.5 km Wollstonecraft Station 4.7 km POWERED BY HERE ©Bus stops within 5 km of 623-625 Military Road, Mosman, NSW 2088 Distance Military Rd at Mandalong Rd 75 m Mandalong Rd Opp Melaleuca Lane 108 m Spit Junction Military Rd 131 m Military Rd Opp Almora St 163 m Spit Junction B-Line, Spit Rd 193 m POWERED BY HERE ©
POWERED BY HERE ©
ONE OF MOSMAN’S LARGEST FREESTANDING BUILDINGS WITH HUGE DEVELOPMENT UPSIDE
- Rare 491sqm* Land Size
- Leased to National Tenant
- Significant Development Upside
I.B Property is pleased to present 623-625 Military Rd, Mosman - Sheridan, a rare offering boasting 491sqm* of land and a total net lettable area of 410sqm*. Currently leased to the prestigious national tenant Sheridan, this freestanding freehold property features a commercial office on level one with tall ceilings and abundant natural light, alongside a massive rear garden.
With favourable zoning (E1 Local Centre) and development controls (FSR: 2.5:1, Height limit: 15m), the property presents a prominent value-add proposition, as it is under-rented with significant rental upside. Generating a gross income of $486,000 per annum*, it is strategically located among Sydney’s most esteemed boutique retailers, offering a diverse income stream and favourable annual rent increases. Positioned in the heart of Mosman, the property presents an exceptional opportunity for investors to increase rents, reposition the asset, and capitalize on its prime location amidst a coveted retail landscape.
Key Highlights:
• Rare 491*sqm of Land
• NLA 410sqm*
• Leased to National Tenant – Sheridan
• Favourable zoning – E1 Local centre
• Commercial office on level one with tall ceilings and drenched in natural light.
• Favourable development controls FSR: 2.5:1 and 15m Height limit
• Gross Income of $486,000 per annum*
• Fully leased investment opportunity with diversified income streams
• Located amongst Sydney’s most regarded boutique retailers and situated in the heart of Mosman.
Be apart of Sydney’s most regarded retailers such as; Sheridan, Rationale, Academy Brand, Von Troska, Aesop, Lily & Mitchell, Cultiver, Camilla, Venroy, Fox & Dove, Curve Boutique, Camilla and Marc, Ecco, Moya, Bianca Spender, Pond, Carla Zampatti, Mode Sportif, Style Runner, Bed Bath N Table, Seed, Kidstuff, Witchery, Bec + Bridge, Mecca Cosmetica and Sportscraft.
623-625 Military Road, Mosman will be for sale via Public Auction on Thursday, 16th of May 2024 at 10:30am.
For more information or to book an inspection, contact the exclusive agents Steffan Ippolito 0403 347 1... and Dimitrios Franze 0406 558 8....
With favourable zoning (E1 Local Centre) and development controls (FSR: 2.5:1, Height limit: 15m), the property presents a prominent value-add proposition, as it is under-rented with significant rental upside. Generating a gross income of $486,000 per annum*, it is strategically located among Sydney’s most esteemed boutique retailers, offering a diverse income stream and favourable annual rent increases. Positioned in the heart of Mosman, the property presents an exceptional opportunity for investors to increase rents, reposition the asset, and capitalize on its prime location amidst a coveted retail landscape.
Key Highlights:
• Rare 491*sqm of Land
• NLA 410sqm*
• Leased to National Tenant – Sheridan
• Favourable zoning – E1 Local centre
• Commercial office on level one with tall ceilings and drenched in natural light.
• Favourable development controls FSR: 2.5:1 and 15m Height limit
• Gross Income of $486,000 per annum*
• Fully leased investment opportunity with diversified income streams
• Located amongst Sydney’s most regarded boutique retailers and situated in the heart of Mosman.
Be apart of Sydney’s most regarded retailers such as; Sheridan, Rationale, Academy Brand, Von Troska, Aesop, Lily & Mitchell, Cultiver, Camilla, Venroy, Fox & Dove, Curve Boutique, Camilla and Marc, Ecco, Moya, Bianca Spender, Pond, Carla Zampatti, Mode Sportif, Style Runner, Bed Bath N Table, Seed, Kidstuff, Witchery, Bec + Bridge, Mecca Cosmetica and Sportscraft.
623-625 Military Road, Mosman will be for sale via Public Auction on Thursday, 16th of May 2024 at 10:30am.
For more information or to book an inspection, contact the exclusive agents Steffan Ippolito 0403 347 1... and Dimitrios Franze 0406 558 8....
Property ID: 504568668Last Updated: 23 Apr 2024
IB Property322 Crown Street
SURRY HILLS, NSW 2010
SURRY HILLS, NSW 2010
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