583 Military Road Mosman NSW
GREAT YIELDING INVESTMENT OPPORTUNITY
Perfectly positioned in the heart of Mosman's retail Hub, this complex of shops, commercial and residential with prominent glass frontage offers high exposure to Military Road's passing trade.
With a retail area of 70sqm* plus 61sqm* upstairs beauty salon on title 581 Military Road and a retail shop of 78sqm* plus 63sqm* 2 bedroom apartment upstairs on title 583 Military Road, this complex is leased as an outstanding investment with a gross rental income of $190,000 per annum + GST*.
The premises is surrounded by long standing and successful retailers including Dan Murphy's, Café Mosman, The design Store, Camilla and Marc, Venroy, The Upside, Lee Matthews, Jigsaw, Sarah & Sebastian and Mode Sportif.
Property Highlights:
- Four Tenancies with a net income of $171,403.65 per annum + GST*
- Land Area - 212 sqm*
- Building Area - 314 sqm*
- Substantial development potential for a mixed-use retail/residential project (STCA)
• Internal Kitchenette & bathroom facilities
• Prominent glass frontage
• Surrounded by leading high quality retailers
• Approximately 200 metres from the main bus station at Spit Junction
• Close proximity to Balmoral Beach, Taronga Zoo and the Mosman Ferry Wharf.
*All figures are approximate
For further information or to arrange to inspect this property, please contact Gimmy Pan on 0415535235.
With a retail area of 70sqm* plus 61sqm* upstairs beauty salon on title 581 Military Road and a retail shop of 78sqm* plus 63sqm* 2 bedroom apartment upstairs on title 583 Military Road, this complex is leased as an outstanding investment with a gross rental income of $190,000 per annum + GST*.
The premises is surrounded by long standing and successful retailers including Dan Murphy's, Café Mosman, The design Store, Camilla and Marc, Venroy, The Upside, Lee Matthews, Jigsaw, Sarah & Sebastian and Mode Sportif.
Property Highlights:
- Four Tenancies with a net income of $171,403.65 per annum + GST*
- Land Area - 212 sqm*
- Building Area - 314 sqm*
- Substantial development potential for a mixed-use retail/residential project (STCA)
• Internal Kitchenette & bathroom facilities
• Prominent glass frontage
• Surrounded by leading high quality retailers
• Approximately 200 metres from the main bus station at Spit Junction
• Close proximity to Balmoral Beach, Taronga Zoo and the Mosman Ferry Wharf.
*All figures are approximate
For further information or to arrange to inspect this property, please contact Gimmy Pan on 0415535235.
Property Information
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Commercial
-
$ 3,200,000
-
NSW
-
North Shore - Lower
-
Mosman
-
Retail
-
Sold
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212 sqm