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CBRE - Sydney

244 Military Road Neutral Bay, NSW 2089

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244 Military Road,
Neutral Bay, NSW 2089

Shops & Retail • Offices • Development Sites & Land

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CBRE - Sydney
Jason Lowry
Nicholas Heaton
Toby Silk

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - Sydney
244 Military Road
Neutral Bay, NSW 2089

Map of 244 Military Road

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HIGH EXPOSURE RETAIL FREEHOLD WITH DEVELOPMENT UPSIDE (STCA)

  • Significant Frontage to Main Road
  • High Exposure Signage Opportunities STCA
  • Occupier/Investor/Developer Opportunity
CBRE, as the exclusive listing agent, is pleased to present 244 Military Road, Neutral Bay.

Located 3.5km* north of the Sydney CBD and in the centre of Sydney’s robust Lower North Shore region, this two-storey freehold retail property rests on 106sqm* of B4 - Mixed Use zoned land. The property has significant frontage and signage to Military Road which connects Neutral Bay to the city, M1 Motorway and north towards the Northern Beaches. Neutral Bay is listed as Sydney's 10th Most Liveable Suburb on the Urban Living Index.

The underlying B4 Mixed Use zoning and 16m height limit positions the property for redevelopment (STCA). The property also sits within Stage 1 of the Military Road Planning Corridor Study which proposes an increase in density to support jobs and housing in the rapidly growing suburb.

244 Military Road benefits from the following key attributes:

• Total NLA of 156sqm*
• 5.1m* frontage and significant signage opportunities (STCA ) to Military Road
• High exposure location with 50,000* cars passing daily
• Fully integrated security system
• Split system air-conditioning on each floor
• Kitchenette & bathroom on each floor plus shower
• Top floor Rear & front balcony
• Built in 2000 with depreciation benefits
• B4 Mixed Use Zoning with 16m height limit providing significant development potential (STCA)
• Situated within Stage 1 of the Military Road Planning Corridor Study which proposes an increase in density to support jobs and housing in the rapidly growing suburb.
• Offered with vacant possession suitable for occupiers, investors or developers


244 Military Road, Neutral Bay will be sold via Private Treaty.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx.

Property ID: 503777450Last Updated: 20 Jun 2021

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