Name: 404 Sydney Road, BALGOWLAH, NSW 2093
Address: 404 Sydney Road , NSW, Balgowlah, NSW, 2093
Telephone: +61 422 143 813

+19 Photos

SOLD

404 Sydney Road, BALGOWLAH, NSW 2093

Properties / Sold / New South Wales / Balgowlah

Development Potential

1. Property Summary

Property Type

Commercial

Land Area

936 m² (*approx)

Zoning

B2 Local Centre

Selling Method

EOI: Contact Agent

Show All

2. Property Highlights

NORTHERN BEACHES DEVELOPMENT SITE WITH HOLDING INCOME

CBRE is pleased to present 404 Sydney Road, Balgowlah, a three storey commercial property in a commanding corner position near the Stockland Shopping Centre with seamless accessibility to Manly and Sydney CBD. The property is a development site with the security of a holding income.

404 Sydney Road, Balgowlah capitalises on the following key attributes:

- Land area: 936.4sqm*

- B2 Local Centre zoning allowing for shop top housing

- Floor space ratio 2:1

- 12.5m height limit

- Currently a commercial building with six tenancies and 16 car spaces

- Passing income: $393,977 per annum*

- 150m* to Stockland Shopping Centre with Coles, Fitness First Platinum and Harbord Growers Market

- Just 650m* to Sydney Harbour and North Harbour Reserve

- Future transport infrastructure with Beaches Link Tunnel to the CBD, B-Line Rapid Bus Service and road upgrades

- Highly demanded suburb with strong growth and affluent demographic

*Approximate

404 Sydney Road, Balgowlah will be made available for sale via expressions of interest closing on Wednesday, 29 November 2017 at 4:00pm.

For more information, please contact the below agents:

Aaron Arias

Metropolitan Investments

0403 674 599

Toby Silk

Metropolitan Investments

0422 143 813

Nicholas Heaton

Metropolitan Investments

0408 025 097

Remember to mention you found this property on DevelopmentReady

Development Potential

1. Property Summary

Property Type

Commercial

Land Area

936 m² (*approx)

Zoning

Sourced by DistrictData

B2 Local Centre

Selling method

EOI: Contact Agent

2. Property Highlights

NORTHERN BEACHES DEVELOPMENT SITE WITH HOLDING INCOME

404 Sydney Road, Balgowlah capitalises on the following key attributes:

- Land area: 936.4sqm*

- B2 Local Centre zoning allowing for shop top housing

- Floor space ratio 2:1

- 12.5m height limit

- Currently a commercial building with six tenancies and 16 car spaces

- Passing income: $393,977 per annum*

- 150m* to Stockland Shopping Centre with Coles, Fitness First Platinum and Harbord Growers Market

- Just 650m* to Sydney Harbour and North Harbour Reserve

- Future transport infrastructure with Beaches Link Tunnel to the CBD, B-Line Rapid Bus Service and road upgrades

- Highly demanded suburb with strong growth and affluent demographic

*Approximate

404 Sydney Road, Balgowlah will be made available for sale via expressions of interest closing on Wednesday, 29 November 2017 at 4:00pm.

For more information, please contact the below agents:

Aaron Arias

Metropolitan Investments

0403 674 599

Toby Silk

Metropolitan Investments

0422 143 813

Nicholas Heaton

Metropolitan Investments

0408 025 097

Remember to mention you found this property on DevelopmentReady

404 Sydney Road, BALGOWLAH, NSW 2093 Balgowlah

CBRE - Sydney

Level 21, 363 George Street, Sydney, NSW 2000

View Agency Profile

Toby Silk

+61 *** *** *** show +61 422 143 813

Nicholas Heaton

+61 *** *** *** show +61 408 025 097

Aaron Arias

+61 *** *** *** show +61 403 674 599

Australia's Home for Property Development

Residential

Commercial

Child/Healthcare

Industrial

Agriculture/Rural

Mixed Use

404 Sydney Road, BALGOWLAH, NSW 2093