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27-29 Knox Street
Double Bay NSW 2028
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Sold on 31 Oct 2019

27-29 Knox Street Double Bay NSW 2028

  • Development / Land
  • 230 m²
  • Sold

EXCEPTIONAL INVESTMENT OPPORTUNITY WITH FUTURE DEVELOPMENT POTENTIAL

  • Blue chip freehold investment property
  • FSR of 2.5:1
  • NLA 230sqm*

CBER & BadgerFox exclusively offer 27-29 Knox Street, Double Bay by way of Public Auction on Thursday 31 October 20109 at 10:30AM. Described perfectly as a "Trophy Asset", this substantial freehold building is a rare opportunity to acquire one of Double Bay most significant buildings. Situated in one of Double Bay's most renowned streets, this exceptional investment opportunity is located in Sydney's most prestigious harbour side village.

Housing the newly located ANZ bank, 27-29 Knox Street, Double Bay is an exceptional investment opportunity with the benefit of a professional established tenant with future development potential.

Situated between Sportscraft and Double Bay's famous Twenty-One Espresso and directly opposite the Cosmopolitan Centre. The asset is a single tenancy within a recently renovated and state of the art ANZ Bank.

Features of the asset include:
- Blue chip freehold investment property in the heart of the Double Bay village with development potential;
- High ceilings and extensive glass frontage to Knox Street;
- Rear street access to Knox Lane;
- Wide façade with opportunity for branding opportunity and exposure;
- Estimated net income of $199,217* per annum;
- Long term lease in place with an allocated rent review date in mid-2020;
- Total lettable area 230sqm*;
- Land 230sqm*;
- Flexible B2 local centre zoning;
- Potential development upside (STCA);
- FSR of 2.5:1 and 14.7 metre height limit; and
- Rare opportunity to acquire a low maintenance, passive investment located in one of Australia's most notable suburbs.

27-29 Knox Street set to be offered for Sale via Public Auction by Damian Cooley on Thursday, 31 October 2019 at 10:30AM (AEDT) at:

Cooley CBD
Level 5, 1 Margaret Street
Sydney NSW 2000

For all inspections and further information, please contact:

CBRE

Peter Krieg
0412 822 144
peter.krieg@cbre.com.au

Tao Shi
0421 218 031
tao.shi@cbre.com.au

BadgerFox

Alexander George
0415 699 340
alexander@badgerfox.com.au

Peter Leipnik
0402 566 607
peter@badgerfox.com.au

*Approximate and based on information provided by the Vendor

CBRE North Sydney
CBRE North Sydney
Level 29, 177 Pacific Highway
North Sydney, NSW 2060

Property Highlights

Date Sold31 Oct 2019
Floor Area230 m²
Land Area230 m²
ParkingOn site parking available
Property ID2015696687
Category
Last updated  18 Mar 2024
Map for 27-29 Knox Street Double Bay NSW 2028

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CBRE North Sydney
CBRE North Sydney
Level 29, 177 Pacific Highway
North Sydney, NSW 2060

Property Highlights

Date Sold31 Oct 2019
Floor Area230 m²
Land Area230 m²
ParkingOn site parking available
Property ID2015696687
Category
Last updated  18 Mar 2024

Listed by

CBRE North Sydney
Call
0409899639

More about 27-29 Knox Street Double Bay NSW 2028

27-29 Knox Street Double Bay NSW 2028 is categorized as Land & Development Property. It has a floor area of 230 m² and a land area of 230 m². The listing ID for this property is 2015696687.

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