- Property ID3143691
- Status Sold
- Land Area 1138 sqm
- 0.28 acres
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SOLD
Double Bay Mixed Use Development Site Underpinned by Substantial Holding Income
One of Double Bay's largest holdings this substantial combined parcel represents a significant development opportunity or blue-chip investment with multiple income streams
including two major national financial institutions.
- 1,138 m²* combined land parcel
- Zoned E1 - Local Centre
- FSR - 2.5 : 1
- Substantial holding income of $953,000 per annum* including CBA and Westpac banks
- Valuable rear lane access and parking currently configured for 19 cars
- Exceptional exposure to over 65,000* passing cars each day
- Blue-Chip Investment or Development Opportunity surrounded by major amenity and key transport links underpinned by huge potential for capital growth
- Capitalise on one of the most dynamic and exciting commercial markets in Australia
Colliers & Ray White Commercial exclusively offer 393-395 & 397-399 New South Head Road, Double Bay for sale via Expressions of Interest closing Wednesday, 6 September at 12pm (AEST).
*Approximately