Land/Development Sold at
393-395 & 397-399 New South Head Road, Double Bay, NSW

SOLD

Contact the Agent

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

393-395 & 397-399 New South Head RoadDouble Bay NSW 2028 AUS