CBRE as the exclusive sales agent is pleased to present 1, 1A & 1B Spruson Street, Neutral Bay. 1, 1A & 1B Spruson Street is a premium elevated development site positioned in one of Neutral Bay's most desirable locations, with water views of Neutral Bay through to the Sydney Harbour Bridge and CBD. The property boasts a total land holding of 992sqm*. The property's R4 High Density Residential zoning and 12m Height Limit, creates a sought-after opportunity for a high-end residential development (STCA). This is reassured by the strong demand for luxury apartments from local affluent downsizers. Additional access to the property is available via Boyd Lane, allowing for more flexible design options and a more seamless construction process.
Lifestyle location with Spruson Street Road Reserve situated on its doorstep, sitting above a set of stairs that run down to Anderson Park and the sparkling water of Neutral Bay. The pristine white sands of Hayes Street Beach are just a short stroll away, as well as harbour foreshore walks from Kurraba Point to Shell Cove and the MacCallum Seawater Pool. The popular restaurants and cafes of Kirribilli are also within close proximity. Metres to bus services and Neutral Bay Wharf with ferry services to North Sydney and Circular Quay. Milsons Point train station is just a 20 minute* stroll, providing transport to Sydney CBD and greater North Shore.
1, 1A & 1B Spruson Street, Neutral Bay benefits from the following key attributes:
- Substantial 992sqm* land offering
- Elevated position with views of Neutral Bay, Sydney Harbour Bridge and Sydney CBD
- R4 High Density Residential zoning and 12m Height Limit permitting with consent a high-end luxury apartment block development (STCA)
- 25m* frontage to Spruson Street and 14m* frontage to Boyd Lane
- Strong demand for luxury apartments from local affluent downsizers
- Lifestyle location with Spruson Street Road Reserve on its doorstep, sitting above a set of stairs that run down to Anderson Park and the sparkling waters of Neutral Bay. The pristine white sands of Hayes Street Beach are just a short
stroll away, as well as harbour foreshore walks
- Close to popular restaurants and cafes of Kirribilli
- Located less than 1km* from North Sydney CBD and 3.8km* to Sydney CBD
- Great accessibility, moments to bus, ferry and train services to North Sydney and Sydney CBD
1, 1A & 1B Spruson Street, Neutral Bay will be made available for sale by way of Expressions of Interest closing Wednesday, 15 September 2021 at 4pm.
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*Approximate
Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.
