Lowry Property Group & CBRE are delighted to offer 48 - 52 Frenchs Road, Willoughby to the market For Sale via Expressions of Interest closing Wednesday 5th June 2024.
Key Property Features:
• Development Approval for a four level mixed use building over a single level of basement
• Development featuring a large ground floor retail suite, one bedroom apartment and 6 three bedroom luxury apartments with large terraces, north-easterly aspect and district views
• Holding income and vacant possession available
• Enjoy Willoughby's lively atmosphere and connectivity. With public transport, close proximity to Sydney CBD and a plethora of cafes and restaurants at your doorstep.
• Meticulously designed by acclaimed PBD Architects
• Perfect approval for the downsizer market
• On average the 3 bedrooms are 147sqm internal with 57sqm balconies
• Scarcity of high end downsizer stock in boutique developments
• 7km north of the Sydney CBD
• Median house price in Willoughby $3,238,000 and in adjoining Northbridge $5,178,500 providing the target market with access to equity
• NSA = 1,162 sqm
There's a scarcity of high-end downsizer properties available within boutique developments in the immediate vicinity. For downsizers in Willoughby, a Frenchs Road address is unparalleled in terms of location, desirability and prestige.
With affordable housing requirements becoming a focus for both Council and State governments, boutique developments and complexes like 48 - 52 Frenchs Road will become more attractive to developers and buyers alike.
This project has convenient access to public transport, the Sydney CBD, and an array of local amenities including cafes and restaurants. This site presents an ideal opportunity for developers seeking to capitalize on the demand for premium residential offerings in the area.
For more information or to arrange a viewing feel free to contact CBRE or Lowry Property Group today.