Iconic Mosman Property Expected to Draw Significant Interest

The trophy asset is fully leased to reputable tenants and offers strong future development potential.

A rare and highly sought after landmark corner property in Mosman has come to market for the first time in 28 years having been owned by the same local family for a generation.

Strategically located at 713-715 Military Road, only 100m from the recently opened Woolworths Metro, the asset benefits greatly from favourable underlying development planning controls that could unlock stunning water views overlooking Balmoral Beach.

The fully-leased blue-chip property generates more than $500,000 in secure income from 7 diverse tenants, including Bec + Bridge, Cole Hair Studio and Niche Café, and enjoys 6 dedicated car spaces.

The Colliers team of Tom Appleby, Samantha Carroll and Guillaume Volz have the exclusive listing.

“Premium investments with strong future development potential of this calibre very rarely come to market in Mosman,” Mr Appleby noted. We’re anticpating a significant amount interest from developers, high-net-worth value-add investors and retail occupiers.”

“The property also offers value-add opportunities, including potential rental reversions, further strengthening its investment appeal,” Ms Carroll added.

Amid Mosman’s surge in high-end development, 713-715 Military Road’s permissible Gross Floor Area of 1,174sqm (STCA), offers versatile redevelopment potential. The area continues to attract premium projects, with DARE Property Group lodging a DA for a luxury mixed-use apartment complex at 696-706 Military Road, featuring 27 upscale apartments and ground-floor retail, while The Heaton Group nears completion of its ‘The Archibold Mosman’ project at 171-179 Avenue Road.

Meanwhile, Abadeen Group has made a strategic off-market acquisition at 34 Burran Avenue for around $18,500,000 and Prosker Property is actively developing Redan Lane, capitalising on its breathtaking Balmoral views. With strong development momentum in the area, 713-715 Military Road presents an exceptional opportunity for developers looking to capitalise on Mosman’s evolving landscape.

The property will be sold via an International Expressions of Interest campaign closing 3 April 2025.