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4 Olphert Avenue, Vaucluse, NSW 2030

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4 Olphert Avenue, Vaucluse, NSW 2030

Properties / Buy / New South Wales / Vaucluse
Development Potential

1. Property Summary

Property Type
Residential
Sub Type
Townhouse Sites, Land Site
Land Area
664 m² (*approx)
Zoning
R2 Low Density Residential
Selling Method
Expressions of Interest: Price Guide $6M+
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2. Property Highlights

Trophy Eastern Suburbs Luxury Residential Development Site
  • Elevated Site Providing Water Views
  • Valuable Existing Improvements
  • Short-term Blue Chip Holding Income

Stonebridge is pleased to present for sale, on behalf of Telstra, 4 Olphert Avenue, Vaucluse – a rare and outstanding luxury residential development opportunity located within a tightly-held Eastern Suburbs pocket.

Key highlights of the opportunity include:

- Rare freehold development site within a highly sought-after pocket of one of Sydney’s most affluent suburbs

- Existing improvements comprise a 13.5 m* double-storey brick building with impressive floor-to-ceiling heights and expansive floorplates

- Concept scheme for two luxury dwellings (STCA) – capitalise on the unrepeatable scale of existing built form that is greater than current building height and FSR controls

- Elevated corner position with a prominent double frontage provides water views from both bottom and top floors

- Proposed short-term holding income secured to Telstra via a landlord-favourable triple net lease structure (tenant pays outgoings)

- Convenient to prestigious local schools including Kambala and Kincoppal-Rose Bay School

4 Olphert Avenue, Vaucluse is for sale individually, or together with 1C John Street, Hunters Hill via EOI closing Wednesday 27 March 2024.

For further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.

Lincoln Blackledge

+61 408 780 772

Spero Xenos

+61 420 544 919

*Approximately

Property Code: 851

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Residential
Sub-type
Townhouse Sites, Land Site
Land Area
664 m² (*approx)
R2 Low Density Residential
Selling method
Expressions of Interest: Price Guide $6M+

2. Property Highlights

Trophy Eastern Suburbs Luxury Residential Development Site
  • Elevated Site Providing Water Views
  • Valuable Existing Improvements
  • Short-term Blue Chip Holding Income

Stonebridge is pleased to present for sale, on behalf of Telstra, 4 Olphert Avenue, Vaucluse – a rare and outstanding luxury residential development opportunity located within a tightly-held Eastern Suburbs pocket.

Key highlights of the opportunity include:

- Rare freehold development site within a highly sought-after pocket of one of Sydney’s most affluent suburbs

- Existing improvements comprise a 13.5 m* double-storey brick building with impressive floor-to-ceiling heights and expansive floorplates

- Concept scheme for two luxury dwellings (STCA) – capitalise on the unrepeatable scale of existing built form that is greater than current building height and FSR controls

- Elevated corner position with a prominent double frontage provides water views from both bottom and top floors

- Proposed short-term holding income secured to Telstra via a landlord-favourable triple net lease structure (tenant pays outgoings)

- Convenient to prestigious local schools including Kambala and Kincoppal-Rose Bay School

4 Olphert Avenue, Vaucluse is for sale individually, or together with 1C John Street, Hunters Hill via EOI closing Wednesday 27 March 2024.

For further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.

Lincoln Blackledge

+61 408 780 772

Spero Xenos

+61 420 544 919

*Approximately

Property Code: 851

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

4 Olphert Avenue, Vaucluse, NSW 2030

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4. Due Diligence

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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