583 Military Road Mosman NSW 2088

CBRE, as the exclusive sales agent, is pleased to present to the market, 583 Military Road, Mosman. The property comprises a fully leased, multi-tenanted mixed-use freehold with value add potential (STCA), situated in the heart of Mosman, one of Sydney's most prestigious suburbs.

The two-storey property boasts a highly activated frontage to Mosman's most desirable thoroughfare, Military Road. Anchored by 'Cashmere Essentials', a reputable clothing franchise as well as a spacious 2-bedroom residential unit, the property currently generates a net income of $114,882* p.a. 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.

583 Military Road, Mosman benefits from the following key attributes;

- Prominent fully leased mixed-use freehold building with value add potential (STCA)
- Anchored by a reputable clothing brand + 2-bedroom unit upstairs providing a diversified income stream
- Net Income: $114,882* p.a.
- Rear lane access to both tenancies
- Floor Area: 182sqm*
- Land Area: 112sqm*
- Favourable E1 Local Centre zoning
- FSR 2.5 : 1
- Height Limit 15m
- Strong opportunity for investment or occupation
- Highly exposed location with strong foot and vehicular traffic providing a desirable opportunity for retailers
- Blue Chip location in the heart of Mosman Village's retail precinct amongst other premium brands, cafes and restaurants, only 7.5km* to Sydney CBD

583 Military Road, Mosman will be sold via an Expressions of Interest campaign seeking offers over $3,200,000 closing Thursday, 21st of November, 2024 at 4:00pm (AEDT).

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

Approx*
(STCA) Subject to Council Approval
Outline Indicative