CBRE, as the exclusive sales agent is pleased to present to the market 742 Military Road, Mosman, a premium retail freehold investment with significant development upside (STCA). The three-storey property, with a captivating art deco facade, has significant curb appeal with just under 17m* of frontage to both Military Road and Melaleuca Lane, and boasting a rear loading dock with parking. Anchored by Country Road, owned by an international publicly listed company with a net annual income of $504,457*.
The property also presents a significant future development opportunity for a shop top housing development (STCA). The prestigious nature of the suburb is reflected in its affluent demographic and is one of the driving factors behind the area's strong property market. The subject property holds a high exposure location along Mosman's busiest street (Military Road) and is surrounded by an array of high-end retailers and popular eateries.
742 Military Road, Mosman benefits from the following details:
Premium retail freehold investment with development upside (STCA)
Anchored by Country Road, owned by an international publicly listed company with a net annual income of $504,457*
Floor Area: 1,151sqm*
Generous site area of 679sqm*
Favourable B2 local centre zoning permitting a shop top housing development (STCA)
FSR: 2.5:1
Height Limit: 15m
High exposure location along Mosman's busiest street, Military Road
Frontage of 17m* to Military Road and 17m* to Melaleuca Lane
Premium location in the heart of Mosman Villages retail precinct amongst other premium brands, cafes, and restaurants, only 5.5km* from Sydney CBD
742 Military Road, Mosman will be sold via an online Public Auction at auctionWORKS on Tuesday 17 August 2021 at 10:30am (registration, livestream & online bidding will be available)
Inspections to be held by appointment as per COVID-19 Greater Sydney restriction requirements. Please enquire directly with the exclusive agents to arrange a private viewing.
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*Approx *Agents Interest
