RWC Sydney North as exclusive selling agents are delighted to present 527 Military Road, Mosman for Sale by Public Auction.
Located on Mosman's premier and tightly held retail precinct, this premise offers the rare investment opportunity to secure a freehold building that has remained in the same family for almost 100 years*. With a thriving local tenant in this energetic retail epicentre, this generational asset remains a popular spot for Mosman locals and commuters.
With an expansive 249 sqm* of land area, the premise comprises of an internal retail space of 105 sqm*, with 18 sqm* of storage space. Featured at the rear of the retail space is the 81 sqm*outdoor courtyard, which has been transformed into an alfresco dining space by the current operators, whom have been in occupation for over 10 years*, with a direct entrance from Military Road. The property generates an attractive Gross Income of $117,373 per annum + GST*.
Positioned in the heart of Mosman with fantastic street presence and a thriving tenant, 527 Military Road is surrounded by an extensive amount of leading local and national retailers and service providers. Located diagonally opposite Bridgepoint Shopping Centre with major supermarkets ALDI, Harris Farm and IGA, the property is within walking distance to Officeworks, Fitness First, Australia Post and Fourth Village Providore along with a wide range of many other busy cafes, restaurants and boutique retailers.
Property Highlights:
• Land Area | 249 sqm*
• Retail Area | 105 sqm* + 81 sqm* Rear Courtyard
• Dual access from Military Road
• 18 sqm* Storage area
• Gross Income of $117,373 per annum + GST*
*all figures are approximate
For further information or to arrange an inspection please contact:
Frank Bird | 0417 427 310
Frank.bird@raywhite.com
Scott Stephens | 0434 341 001
scott.stephens@raywhite.com
