846 - 850 Military Road Mosman NSW 2088

Located in the prestigious suburb of Mosman, this iconic property offers a unique opportunity to secure a significant site with flexible redevelopment potential in one of Sydney's most affluent areas.

Spanning 753 sqm, this mixed-use property is situated at the heart of Mosman's retail precinct, offering unbeatable exposure and accessibility. With a 2:1 Floor Space Ratio (FSR), it's ideal for a luxury boutique residential project, with water views towards Manly (STCA).

Currently leased to Australia Post, this property provides a secure holding income for the next two years, giving developers and investors flexibility to plan for future redevelopment.

Key Property Features:
• Prime Mosman Location: Located in the heart of Mosman's vibrant retail and lifestyle precinct.
• Substantial Landholding: 752 sqm site with mixed-use zoning for flexible redevelopment options.
• Development Potential: 2:1 FSR allows for up to 1,504 sqm of GFA, with luxury apartment potential (STCA).
• Secure Holding Income: Leased to Australia Post, providing reliable income for the next two years.
• Redevelopment Flexibility: Lease expires in two years with no renewal options, offering immediate redevelopment potential.
• Affluent Area Demand: Positioned in one of Sydney's wealthiest suburbs, with strong demand for premium residences.
• Convenient Access: Close to dining, retail, and transport, offering an ideal work-life balance.

The property is offered For Sale by Expression of Interest closing 4:00pm Wednesday 13th November 2024.

For more information or to arrange an inspection, please contact Jason Lowry on 0419 277 527 or Nick Lowry on 0408 891 376 from Lowry Property Group today.