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)
Richiesta email a Knight Frank - Sydney South
Immobiliare ID: 504720180