Ray White Commercial as exclusive selling agent, is pleased to present 799 Military Road, Mosman for Sale. An outstanding opportunity to own a prime freehold investment property for the astute investor.

Located in one of Sydney’s most affluent suburbs, 799 Military Road is only 8 kilometres* to the Sydney CBD. Occupied by the highly regarded tenant G&M Peter Hewett Optometrists who have traded in Mosman for over 25 years.

Positioned in the heart of Mosman Village, 799 Military Road is surrounded by exceptional long standing national and local retailers and service providers including IGA Supermarket, Vintage Cellars, Australia Post, ANZ, CBA, NAB and Westpac banks and numerous other Mosman retail institutions.

The property has a land area of 169 sqm* comprising a retail area, waiting and consultancy rooms on the ground floor with rear access to Mosman Council Car Park with over 50 parking spaces. The first floor of the premises is configured as offices, bathroom facilities, staff room and kitchen.

The building offers exceptional street presence directly adjacent to the traffic lights and pedestrian crossing at the intersection of Military Road and Raglan Street.

Property Highlights:
• Land area of 169 sqm*
• Prime retail location in Mosman Village
• Outstanding investment with future potential
• Prominent shop front
• High ceilings throughout
• Rear access to Mosman Council Car Park
• Perfect position in close proximity to Mosman Bay Ferry, Balmoral Beach and Taronga Zoo

Tenancy Highlights:
• G&M Peter Hewett Optometrists is an outstanding local retailer
• Net rent $ 206,000 per annum + GST*
• Fixed 3% annual rent increases
• 5 year lease commencing 30 September 2016 with 2 x 5 year options
• Tenant pays all outgoings

*All figures are approximate