Retail for Sale

261 - 263 Military Road Cremorne, NSW 2090

Expressions of Interest Closing 13 May 2026Floorplan

Building: 668m²

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in Cremorne

FIRST TIME OFFERED IN OVER 60 YEARS*

Building: 668m²

Next Steps:

Enquire with agent

Additional Information:

Floorplan

Ray White Commercial Sydney North as the exclusive selling agent is pleased to present 261 - 263 Military Road, Cremorne for sale via Expressions of Interest.

Perfectly positioned on the corner of Military and Spencer Road, 261 - 263 Military Road, Cremorne offers an outstanding commercial investment opportunity as well as a substantial free-standing commercial building in the heart of Cremorne, with excellent future development potential.

The property has an expansive 18m* frontage to Military Road and over 30m* to Spencer Road, with a land area of 668 sqm* comprising the BMW North Shore Mosman showroom for new and used vehicles as well as the car display hard stand and lower-level carpark/ workshop. The property enjoys a MU1: Mixed Use Zoning and a height limit of 16m

Leased to Luxury Car Dealer, North Shore BMW, with their lease expiring in October 2026, it presents the opportunity as an investment or as a future development site (STCA) . Encompassing a current net income of $304,024 per annum + GST* with 100% of statutory outgoings recoverable from the tenant.

Ideally located in the centre of Cremorne's bustling village precinct in close proximity to iconic and long standing retailers including McDonald's, Sushi Train, Cremorne Orpheum Cinema and a few minutes' walk of Cremorne and Neutral Bay Villages. Rivalling some of Sydney's most exclusive suburbs, Cremorne boasts picture-book parklands, sublime harbour views, exceptional access to Sydney CBD, a village atmosphere, and a great sense of community.

Expressions of Interest closing 5pm Wednesday 13 May 2026

Property Highlights:

First Time offered in almost 60 years*
Leased to luxury car dealership - BMW Mosman
100% Statutory Outgoings recovered from the tenant
Net Income: $304,024 per annum + GST*
Strategically located in the hub of Cremorne on a prime corner of Military Road connecting Northern Beaches & Sydney CBD.

*All figures are approximate

For further information or to arrange an inspection please contact:

Scott Stephens | 0434 341 001
scott.stephens@raywhite.com

Building:

668m²

Tenancy:

Tenanted

Categories:

Retail, Land/Development