150-154 Wycombe Road Neutral Bay NSW 2089

Colliers are pleased to exclusively present this prized mixed use development site with DA approval for 18 generously proportioned luxury residences, efficient basement parking for 18+ cars, 2 super prime retail suites and a common rooftop/BBQ area.

Carefully curated to cater to the local affluent demographic and downsizer/professional owner occupier market, the efficiently-designed development is set to benefit greatly from Neutral Bay's generational transformation.

Key Highlights:
+ De-risked; coveted DA approval for 2,551 sqm* GFA
+ Functional 762 sqm* corner site with rear lane access
+ Picturesque Sydney Harbour & Middle Harbour views
+ Favourable unit mix; no studios or 1 bedroom apartments
+ Genuine scope for Purchaser to submit a Modification seeking approval to build an additional storey (~450 sqm of NSA) in line with the State Government and Local Council Reforms proposing 6 storeys on the site (STCA).
+ Phenomenal ~45m prime retail frontage
+ Ideal short term holding income / WALE
+ Surrounded by an abundance of public transport links, retail, medical and lifestyle amenity
+ Strong future development pre-sales underpinned by a chronic undersupply of luxury apartments in Neutral Bay

For further information and/or to arrange a private inspection, please contact the exclusive listing agents