Mosman Bond Street Site Sells For $35m With Six-Storey Plan Under Review

A multi-property site on Bond Street in Mosman has sold for $35 million, as a 27-dwelling residential proposal for the same address remains under assessment.



Three Homes, One Development Parcel

The deal covers 5–9 Bond Street, Mosman, combining three adjoining properties into a 1,724-square-metre site.

Property records included in the material state 5 Bond Street sold for $5.7 million in October 2023 and has since been demolished, leaving a vacant block. 7 Bond Street last sold for $2.8 million in February 2018, with renovations completed in 2021, and is described as currently occupied. 9 Bond Street was purchased for $2.1 million in May 2014.

 Mosman development
Photo Credit: MosmanCouncil

The parcel is located near Bridgepoint and set back from Military Road. The properties are not described as heritage listed.

Mosman property
Photo Credit: MosmanCouncil

What The Proposal Seeks To Build In Mosman

The development application proposes demolition and a new residential flat building comprising 27 dwellings across six storeys, with basement parking.

The unit mix listed in the material is one one-bedroom, eight two-bedroom, 16 three-bedroom, and two four-bedroom apartments. The proposal states 3,792 square metres of gross floor area.

The planning tracker lists the cost of work as $23,915,000, with the application lodged on 7 November 2025 and under assessment from 9 December 2025. The target determination date shown is 18 March 2026.

Bond Street Mosman
Photo Credit: MosmanCouncil

Objections Focus On Height, Amenity And Trees

More than 50 objections have been lodged. Submissions included concerns about building height, setbacks, overshadowing and impacts on privacy and views. Some objectors contend rooftop facilities create an additional storey in practical terms and push the building above a stated height limit.

Other objections raise concerns about traffic and public transport capacity, geotechnical risk linked to excavation, and tree canopy loss. One submission claims more than 24 trees would be removed and alleges trees were previously removed without the required permissions.

What Happens Next



The application remains under assessment, with the planning tracker showing a target determination date of 18 March 2026.

Published 21-Jan-2026

Mosman at the Centre of Sydney’s $1.58-Billion Harbour Home Market

As the first ferries glide away from Mosman Bay, this small harbour suburb is already setting a national record, with home buyers spending $1.58 billion on Mosman houses in a single year, more than any other suburb in Australia.



Cotality’s Best of the Best 2025 report, released 4 December 2025, tracked house sales across the 12 months to September 2025 and placed Mosman first by total value. Some 229 Mosman house sales made up that $1.58 billion figure, keeping the suburb ahead of Vaucluse and Bellevue Hill.

Morning Movement and Million-Dollar Homes

Early in the day, locals head to Mosman Bay Wharf for the F6 ferry to Circular Quay, a route run by Sydney Ferries that keeps the suburb closely tied to the CBD. The same harbour views that greet commuters also drive property prices. Cotality data showed the median Mosman house was valued at $6.1 million in November 2025, putting even standard family homes into a rare price bracket.

That mix of harbour access and high values means every sale carries weight. With close to 14,000 properties across the suburb, Mosman is large enough to generate steady sales, yet still tightly held. Cotality recorded a dwelling turnover rate of 4.1 per cent, below the national average, indicating that many households remain in their homes for years.

Green Spaces and Long-Term Living

By mid-morning, walkers move through Georges Head, where NSW National Parks and Wildlife Service maintains historic sites and harbour lookouts just minutes from local streets. These shared spaces help explain why so many homes remain in the same families. Buyers are not just chasing views; they are seeking the everyday rhythm of a place that blends outdoor access with city convenience.

Later in the day, children and retirees pass through Mosman’s library and council venues, where local events and programs run year-round. These routines sit behind the numbers. While other prestige suburbs rely on one-off trophy sales, Mosman’s lead comes from both steady activity and high prices.

Even though the total value of Mosman sales dipped slightly from 2024, it has remained at the top of Cotality’s national ranking for five consecutive years, underscoring the strength of demand despite limited supply.

As evening settles across the harbour, Mosman’s property story looks much like its daily life: calm on the surface, tightly held underneath, and quietly expensive in every direction.



Published 13-Jan-2026

Chemist Warehouse Execs Snag $11.8m Retail Site in Heart of Mosman

Chemist Warehouse executives have quietly bought a key commercial site on Mosman’s Military Road for $11.8 million, setting the stage for a possible retail shake-up in one of Sydney’s most affluent neighbourhoods.



A Strategic Location With Future Potential

The property at 886–888 Military Road was bought for $11.8 million by a group tied to Chemist Warehouse leaders Jack Gance and Mario Verrocchi, following their recent ASX listing. It sits just a few doors from their existing store and is currently leased to Harry Hartog Bookseller until August 2029. 

The site spans between 398 and 507 square metres and earns about $400,000 a year in rent. With a yield of 3.3 percent, it reflects strong investor confidence in Mosman’s retail market. The Verity family had purchased it for $8.6 million in 2022, showing a notable jump in value.

Signs of a Bigger Plan

Chemist Warehouse executives have been steadily snapping up prime retail spots across suburbs like Richmond, South Yarra, Brighton and Grafton. Some of these properties now house active stores, while others remain investments. 

The Mosman site follows this pattern and is zoned E1 Local Centre, allowing future development up to 11 metres. Though no post-2029 plans have been announced, industry watchers believe an expansion or relocation is on the cards.

Local Impact and Market Movement

For now, Harry Hartog Bookseller will keep trading, with no immediate changes expected on the Mosman site. Still, the sale highlights growing investor interest in the area’s tightly held retail strip. 

Agents say demand from developers and retailers remains strong, with Military Road seen as a key commercial hub. Any future redevelopment could reshape the local mix of shops and services along this busy stretch.

A Move That Reflects National Investment Trends

While centred in Mosman, the purchase reflects a wider trend of wealthy investors funnelling money into commercial real estate nationwide. Gance and Verrocchi are among those focusing on high-street sites with solid rental income and future development potential.



In a shifting market, areas like Mosman offer steady foot traffic and a strong sense of community, making them appealing investment targets. This deal reinforces Mosman’s reputation as both a desirable suburb and a smart place to invest.

Published 10-July-2025