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199-207 Military Rd - Monterey 430 SF Office/Retail Condo Unit in Neutral Bay, NSW 2089
Investment Highlights
- High-profile location in Neutral Bay village
- Secure parking
Executive Summary
Commercial building in a prime Neutral Bay location, with transport, restaurants, cafes and shops at the doorstep. Security building with intercom and lift access.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Ground-floor retail/office condo.
Sale Notes
This is an outstanding opportunity to secure a high-exposure retail or office space in one of Neutral Bay’s busiest commercial corridors. Positioned along Military Road, the property benefits from exceptional visibility with approximately 52,000 cars passing daily, ensuring strong brand exposure and consistent foot traffic.
The versatile layout includes a showroom and a separate office or stock area, complemented by nearly new carpet, feature down lighting, and full air conditioning. High ceilings and a full glass storefront create a bright, inviting environment ideal for retail or professional office use. Located in a modern building with full amenities, this property offers both functionality and style.
Situated just meters from Woolworths, Jetts Fitness, and popular cafes, the property is in a thriving retail and lifestyle hub. It is also steps away from the approved Neutral Bay Town Centre redevelopment, which will introduce an 8-storey mixed-use project featuring premium retail, a public plaza, and residential apartments—further enhancing the area’s vibrancy and long-term value.
Currently leased until May 2026, this property provides immediate income and GST-free purchase benefits, making it an attractive option for both investors and future owner-occupiers.
The versatile layout includes a showroom and a separate office or stock area, complemented by nearly new carpet, feature down lighting, and full air conditioning. High ceilings and a full glass storefront create a bright, inviting environment ideal for retail or professional office use. Located in a modern building with full amenities, this property offers both functionality and style.
Situated just meters from Woolworths, Jetts Fitness, and popular cafes, the property is in a thriving retail and lifestyle hub. It is also steps away from the approved Neutral Bay Town Centre redevelopment, which will introduce an 8-storey mixed-use project featuring premium retail, a public plaza, and residential apartments—further enhancing the area’s vibrancy and long-term value.
Currently leased until May 2026, this property provides immediate income and GST-free purchase benefits, making it an attractive option for both investors and future owner-occupiers.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Shop 4 | 430 SF | Office/Retail | Upon Request | $43,205.63 CAD |
Unit Shop 4
| Unit Size |
| 430 SF |
| Condo Use |
| Office/Retail |
| Price |
| Upon Request |
| NOI |
| $43,205.63 CAD |
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Unit Shop 4
| Unit Size | 430 SF |
| Condo Use | Office/Retail |
| Price | Upon Request |
| NOI | $43,205.63 CAD |
| Sale Type | Investment |
| Description | |
| Ground-floor retail/office condo.</li></ul> | |
| Sale Notes | |
| This is an outstanding opportunity to secure a high-exposure retail or office space in one of Neutral Bay’s busiest commercial corridors. Positioned along Military Road, the property benefits from exceptional visibility with approximately 52,000 cars passing daily, ensuring strong brand exposure and consistent foot traffic.<br> <br> The versatile layout includes a showroom and a separate office or stock area, complemented by nearly new carpet, feature down lighting, and full air conditioning. High ceilings and a full glass storefront create a bright, inviting environment ideal for retail or professional office use. Located in a modern building with full amenities, this property offers both functionality and style.<br> <br> Situated just meters from Woolworths, Jetts Fitness, and popular cafes, the property is in a thriving retail and lifestyle hub. It is also steps away from the approved Neutral Bay Town Centre redevelopment, which will introduce an 8-storey mixed-use project featuring premium retail, a public plaza, and residential apartments—further enhancing the area’s vibrancy and long-term value.<br> <br> Currently leased until May 2026, this property provides immediate income and GST-free purchase benefits, making it an attractive option for both investors and future owner-occupiers.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 32,292 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 6,458 SF |
| Property Subtype | Apartment | Lot Size | 0.21 AC |
| Building Class | C |
| Total Building Size | 32,292 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 6,458 SF |
| Lot Size | 0.21 AC |
Amenities
Site Amenities
- Security System
- On-Site Retail
- Elevator
- Public Transportation
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Contact
-
Michael Gould -
Altera Property Group
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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199-207 Military Rd - Monterey
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