Skip the queue with this DA approved boutique apartment development, offering breathtaking views towards many of Sydney's famous landmarks.
-Luxury boutique opportunity
-Favoured Neutral Bay location
-Breathtaking Sydney Harbour Bridge views
Exclusively available through VIN Commercial is this favoured Lower North Shore offering situated at No9 Undercliff Street, Neutral Bay, one of Sydney's most prestigious suburbs.
-Land Size - 489.3sqm*
-Zoned - R4 High-Density Residential
-Approval - 3 x luxury apartments over 4 levels (2 units are full level and the penthouse is over 2 levels) + Street level parking with a total Net Sellable Area of 520.59sqm.
-High demand market place
-Hayes Street Beach - 450m / 6-minute walk*
-Neutral Bay Wharf - 500m / 7-minute walk*
-Forsyth Park - 650m / 9-minute walk*
-Neutral Bay Public School - 800m / 9-minute walk*
-Grosvenor Lane Shops - 1.1km / 12-minute walk*
Current improvements include 3 x 2-bedroom units with parking returning a rental income of $128,540* per annum. The existing units are considered to be presented in a good satisfactory order throughout.
No9 Undercliff Street offers breath-taking views out towards some of Sydney's most iconic landmarks such as Sydney Harbour Bridge, City Skyline and surrounding Waters.
The site is also supremely located for proximity to local amenities, most of which are within walking distance.
DA approved mix
This site is being sold via expressions of interest closing 3pm, Wednesday 9th November 2022, if not sold sooner.
To request access to the complete due diligence pack including the information memorandum, DA approved stamped plans and supporting documents, please do not hesitate to reach out to us at any time.