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404 Sydney Road
Balgowlah NSW 2093
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Sold on 11 Dec 2017

404 Sydney Road Balgowlah NSW 2093

  • Development / Land
  • 936 m²
  • Sold

NORTHERN BEACHES DEVELOPMENT SITE WITH HOLDING INCOME

  • Land area: 936.4sqm*
  • B2 Local Centre zoning
  • Passing income $393,977 per annum*

CBRE is pleased to present 404 Sydney Road, Balgowlah, a three storey commercial property in a commanding corner position near the Stockland Shopping Centre with seamless accessibility to Manly and Sydney CBD. The property is a development site with the security of a holding income.

404 Sydney Road, Balgowlah capitalises on the following key attributes:
- Land area: 936.4sqm*
- B2 Local Centre zoning allowing for shop top housing
- Floor space ratio 2:1
- 12.5m height limit
- Currently a commercial building with six tenancies and 16 car spaces
- Passing income: $393,977 per annum*
- 150m* to Stockland Shopping Centre with Coles, Fitness First Platinum and Harbord Growers Market
- Just 650m* to Sydney Harbour and North Harbour Reserve
- Future transport infrastructure with Beaches Link Tunnel to the CBD, B-Line Rapid Bus Service and road upgrades
- Highly demanded suburb with strong growth and affluent demographic

*Approximate

404 Sydney Road, Balgowlah will be made available for sale via expressions of interest closing on Wednesday, 29 November 2017 at 4:00pm.

For more information, please contact the below agents:

Aaron Arias
Metropolitan Investments
0403 674 599

Toby Silk
Metropolitan Investments
0422 143 813

Nicholas Heaton
Metropolitan Investments
0408 025 097

CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold11 Dec 2017
Floor Area886 m²
Land Area936 m²
ParkingOn site parking available
Property ID2013976184
Category
Last updated  15 Mar 2024
Map for 404 Sydney Road Balgowlah NSW 2093

Nearest transport* to 404 Sydney Road Balgowlah NSW 2093

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CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold11 Dec 2017
Floor Area886 m²
Land Area936 m²
ParkingOn site parking available
Property ID2013976184
Category
Last updated  15 Mar 2024

Co-Agents

Aaron Arias
Aaron Arias
CBRE Sydney
Call
+61 403 674 599
Nicholas Heaton
Nicholas Heaton
CBRE Sydney
Call
+61 408 025 97

More about 404 Sydney Road Balgowlah NSW 2093

404 Sydney Road Balgowlah NSW 2093 is categorized as Land & Development Property. It has a floor area of 886 m² and a land area of 936 m². The listing ID for this property is 2013976184.

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