
529 Military Road, Mosman
The property is a 300sqm strata retail space located approximately 150m from the commencement of the main retail hub of Military Road. The immediate area is predominantly leased by homeware/ fitness and general merchandise moving into mainstream/ high end fashion towards the main strip.
The building was purchased in 2008 for $2.5M and after securing a nationally recognised tenant, Reece, and was later on sold in 2010 to Reece on a 6.5% cap rate.
The building was purchased in 2008 for $2.5M and after securing a nationally recognised tenant, Reece, and was later on sold in 2010 to Reece on a 6.5% cap rate.