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623-625 Military Road
Mosman NSW 2088
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623-625 Military Road Mosman NSW 2088

  • Shop & Retail
  • 410 m²
  • For Sale, Contact Agent

ONE OF MOSMAN'S LARGEST FREESTANDING BUILDINGS WITH HUGE DEVELOPMENT UPSIDE

    I.B Property is pleased to present 623-625 Military Rd, Mosman - Sheridan, a rare offering boasting 491sqm* of land and a total net lettable area of 410sqm*. Currently leased to the prestigious national tenant Sheridan, this freestanding freehold property features a commercial office on level one with tall ceilings and abundant natural light, alongside a massive rear garden.

    With favourable zoning (E1 Local Centre) and development controls (FSR: 2.5:1, Height limit: 15m), the property presents a prominent value-add proposition, as it is under-rented with significant rental upside. Generating a gross income of $486,000 per annum*, it is strategically located among Sydney's most esteemed boutique retailers, offering a diverse income stream and favourable annual rent increases. Positioned in the heart of Mosman, the property presents an exceptional opportunity for investors to increase rents, reposition the asset, and capitalize on its prime location amidst a coveted retail landscape.

    Key Highlights:

    Rare 491*sqm of Land
    NLA 410sqm*
    Leased to National Tenant Sheridan
    Favourable zoning E1 Local centre
    Commercial office on level one with tall ceilings and drenched in natural light.
    Favourable development controls FSR: 2.5:1 and 15m Height limit
    Gross Income of $486,000 per annum*
    Fully leased investment opportunity with diversified income streams
    Located amongst Sydney's most regarded boutique retailers and situated in the heart of Mosman.

    Be apart of Sydney's most regarded retailers such as; Sheridan, Rationale, Academy Brand, Von Troska, Aesop, Lily & Mitchell, Cultiver, Camilla, Venroy, Fox & Dove, Curve Boutique, Camilla and Marc, Ecco, Moya, Bianca Spender, Pond, Carla Zampatti, Mode Sportif, Style Runner, Bed Bath N Table, Seed, Kidstuff, Witchery, Bec + Bridge, Mecca Cosmetica and Sportscraft.

    623-625 Military Road, Mosman will be for sale via Public Auction.

    For more information or to book an inspection, contact the exclusive agents Steffan Ippolito 0403 347 111 and Dimitrios Franze 0406 558 855.

    IB Property
    IB Property
    322 Crown Street
    Surry Hills, NSW 2010

    Property Highlights

    Floor Area410 m²
    Land Area491 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019185278
    Category
    Last updated  1 Oct 2024
    Map for 623-625 Military Road Mosman NSW 2088

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    IB Property
    IB Property
    322 Crown Street
    Surry Hills, NSW 2010

    Property Highlights

    Floor Area410 m²
    Land Area491 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019185278
    Category
    Last updated  1 Oct 2024

    More about 623-625 Military Road Mosman NSW 2088

    623-625 Military Road Mosman NSW 2088 is categorized as Shop & Retail Property. It has a floor area of 410 m² and a land area of 491 m². The listing ID for this property is 2019185278.

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