Knight Frank exclusive selling agent is excited to present for sale 22-28 Old South Head Road, Vaucluse: two adjoining mixed-use freeholds in Vaucluse village with development upside.
The properties present three retail shops and four residential apartments with on-grade parking at the rear. The properties offer significant re-development potential with a substantial passing income.
Opportunity Highlights:
- Mixed-use freeholds to be sold in one-line
- Currently three shops & 4 residential apartments
- Passing Income of $287,048 p.a., with vacancies leased will increase to $387,048 p.a.
- 644 sqm* land holding
- 1,288 sqm* permissible gross floor area (STCA)
- Desirable mixed-use zoning
- 2:1 FSR & 14.5m height limit
- Potential ocean and harbour views
- Dream Vaucluse village location
- North-facing corner position
22-28 Old South Head Road is offered for sale via expressions of interest closing on Tuesday, 26 November 2024 at 4:00pm (AEDT).
For more information or to arrange an inspection please contact the exclusive selling agents.
(Note: Business is not for sale)
Remember to mention you found this property on DevelopmentReady
Knight Frank exclusive selling agent is excited to present for sale 22-28 Old South Head Road, Vaucluse: two adjoining mixed-use freeholds in Vaucluse village with development upside.
The properties present three retail shops and four residential apartments with on-grade parking at the rear. The properties offer significant re-development potential with a substantial passing income.
Opportunity Highlights:
- Mixed-use freeholds to be sold in one-line
- Currently three shops & 4 residential apartments
- Passing Income of $287,048 p.a., with vacancies leased will increase to $387,048 p.a.
- 644 sqm* land holding
- 1,288 sqm* permissible gross floor area (STCA)
- Desirable mixed-use zoning
- 2:1 FSR & 14.5m height limit
- Potential ocean and harbour views
- Dream Vaucluse village location
- North-facing corner position
22-28 Old South Head Road is offered for sale via expressions of interest closing on Tuesday, 26 November 2024 at 4:00pm (AEDT).
For more information or to arrange an inspection please contact the exclusive selling agents.
(Note: Business is not for sale)
Remember to mention you found this property on DevelopmentReady
Developments and amenities within a 5km radius of the asset.