Retail for Sale

Shop 1, 732 Military Road Mosman, NSW 2088

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  • Building: 85m²

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Retail for Sale in Mosman

PRIME RETAIL INVESTMENT IN THE HEART OF MOSMAN

  • Building: 85m²

Ray White Commercial is pleased to present Shop 1, 732 Military Road, Mosman for sale by Private Treaty.

Located in the heart of Mosman and tenanted by ASX listed Telstra Corporation Limited, this property presents as an outstanding investment in an excellent location. At the centre of retail on Military Road the shop is surrounded by well-renowned brands, including Country Road, M.A.C., Jo Malone London, T2, Lee Matthews, Camilla, The Upside, Jigsaw, 2XU and many more longstanding retailers. The shop is positioned just a short stroll to both Spit Junction and Mosman Junction.

The premises has a ground floor area of 85 sqm*, and four security car spaces on title. The shop has generous proportions and offers the balance of a 5 year lease (expiring 31 January 2020) to Telstra Corporation Limited who have undertaken an extensive and well-designed fitout.

The shop offers exceptional street presence with a prominent frontage, consisting of frameless glass with an electric sliding door, which provides excellent exposure.

PROPERTY HIGHLIGHTS:

  • Lettable area of 85 sqm*
  • Security car spaces for 4 cars (2 car spaces on lease + 2 car spaces vacant)
  • Prominent shop front with frameless glass shopfront
  • Reverse Cycle Air-conditioning throughout
  • High ceiling
  • Perfect retail position in prime Military Road, Mosman

TENANCY HIGHLIGHTS:

  • Telstra Corporation Limited is Australia's largest telecommunication and media company
  • Gross rent $131,975 + GST per annum*
  • Fixed 3.5% annual rent increases
  • 5 year lease commencing on 1 March 2015

*All figures are approximate

To obtain further information or to arrange an inspection please contact Scott Stephens (02) 9969 1500, or email on scott.stephens@raywhite.com

Building:

85m²

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