Land/Development
ID 317723UpdatedSold80-90 New South Head Road
80-90 New South Head Road
Edgecliff, New South Wales, 2027
Please contact us for price
- Description
- Building Information
- Location
- Agents
Description
Exclusive DA Approved Residential Development Opportunity
JLL in conjunction with R&W Newtown take pleasure in presenting 80-84 & 90 New South Head Road, Edgecliff and 9 & 15A Mona Road, Darling Point to market.
The properties offer flexibility for the purchaser to commence development in the short term to increase holding income as a land bank for a future development.
Property Highlights:
• Four separate freehold buildings
• DA approval for a part 4, part 7 storey luxury development comprising 38 residential dwellings & 3 retail lots
• Land bank potential – site area approx. 1,500 sqm
• Prominent corner site located 300m* from Edgecliff railway station & bus interchange and Eastpoint Food Fair
• Passing Net Income of $634,936.92*
*Approx.
The properties will be offered for sale via Expressions of Interest, closing Thursday the 23rd of July 2020.
-Basement parking for 27 vehicles, bike racks and motorbike spaces under the DA.
(Plus 6 additional existing strata car spaces in the adjoining building at 100 NSH Rd.).
JLL in conjunction with R&W Newtown take pleasure in presenting 80-84 & 90 New South Head Road, Edgecliff and 9 & 15A Mona Road, Darling Point to market.
The properties offer flexibility for the purchaser to commence development in the short term to increase holding income as a land bank for a future development.
Property Highlights:
• Four separate freehold buildings
• DA approval for a part 4, part 7 storey luxury development comprising 38 residential dwellings & 3 retail lots
• Land bank potential – site area approx. 1,500 sqm
• Prominent corner site located 300m* from Edgecliff railway station & bus interchange and Eastpoint Food Fair
• Passing Net Income of $634,936.92*
*Approx.
The properties will be offered for sale via Expressions of Interest, closing Thursday the 23rd of July 2020.
-Basement parking for 27 vehicles, bike racks and motorbike spaces under the DA.
(Plus 6 additional existing strata car spaces in the adjoining building at 100 NSH Rd.).
Location
Agent
James Aroney
Senior Director, Capital Markets - NSW
Agent details