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584 Military Road Mosman, NSW 2088

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For Sale

584 Military Road Mosman, NSW 2088

Shop & Retail • Other
Sale Price

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Land area

185.0m²

Floor area

185.0m²

Car spaces

9

Property extent

Whole

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$129,697
Number of Tenants
1 Tenant

Mosman Investment with 9 Car Spaces!

Knight Frank Metropolitan Sales team are delighted to present for sale Shops 1 & 2, 584 Military Road Mosman, a unique opportunity to purchase one of the best retail showrooms in Mosman.

Occupying a commanding position on the corner of Military Road and Bond Street and having been tenanted by the longstanding Renee’s House of Design for the last 10 years, the property is suited to both occupiers and investors.

The property is underpinned by the following key highlights:

- 30m* of Military Rd frontage
- Extremely rare opportunity to secure a foothold in tightly held - Mosman market
- Current net passing rent of $129,697.76
- Longstanding tenant of 10 years
- 3% fixed annual increases
- 6 undercover car spaces on title with exclusive use of 3 retail visitor spaces and the loading dock
- Two storage areas on title 12 sqm* and 14 sqm*
- Potential to divide into two shops and maximise rental return

*Approx.

Property ID: 503114794Last Updated: 29 May 2019

584 Military Road
Mosman, NSW 2088

Agency contacts

Knight Frank - North Sydney

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Knight Frank - North Sydney

Level 11, 100 Pacific Highway
NORTH SYDNEY, NSW 2060
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Harry Kimpton
Knight Frank - North Sydney
584 Military Road Mosman, NSW 2088

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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