6-7 Gurrigal Street, Mosman, NSW 2088

Ray White Commercial Sydney North as exclusive selling agent is proud to present 6 - 7 Gurrigal Street, Mosman for sale by Expressions of Interest.

Offered for the first time in 40 years* since constructed by the current owners in 1984, spanning 470 sqm* of land, the property currently comprises a mix of 4 x commercial suites, 4 x 2 bedroom residential apartments and 1 x 3 bedroom residential apartment, as well as 14 undercover security car spaces.

This prominent building provides dual frontage to Gurrigal Street and Nathan Lane with over 44m* of street frontage, positioned conveniently off Military Road.

The property presents as an incredible opportunity for investors or developers who wish to maximise the potential of the site, given the existing under development. The E1 Local Centre Zoning, 15m height limit and 2.5:1 FSR offering future redevelopment upside (STCA).

The site is a 4 minute* walk to Spit Junction, Fourth Village and numerous cafes and retailers, providing easy access to public transport including buses and ferries which easily connect the property to Sydney CBD and Northern Beaches.

The property is currently fully leased and has a Combined Estimated Gross Income of approximately $273,065 per annum + GST* on a fully leased basis with the potential for rental upside.

The property is offered for Sale via Expressions of Interest closing 5:00pm Thursday 19 September 2024.

Property Highlights:

• 470 sqm*

• Over 44m* of Dual Street Frontage

• 4x Commercial suites, 4 x 2 Bedroom apartments + 1x 3 bedroom apartment

• 14 Undercover car spaces

• Estimated Gross Income of approximately $273,065 per annum + GST*

*All figures are approximate

For further details or to arrange an inspection please contact:

Scott Stephens | 0434 341 001

scott.stephens@raywhite.com

Remember to mention you found this property on DevelopmentReady