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62-66 Coonanbarra Road
Wahroonga NSW 2076
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Sold on 19 Mar 2024

62-66 Coonanbarra Road Wahroonga NSW 2076

  • Development / Land
  • 1,027 m²
  • Sold

Secure Investment with Approved Development Upside

  • APPROVED FOR 3 LUXURY RESIDENCES
  • SECURE DIVERSIFIED INCOME STREAM
  • OFFERED FOR THE FIRST TIME IN 30 YEARS

Offered for the first time in 35 years, Colliers is privileged to introduce 62-66 Coonanbarra Road; a unique opportunity to acquire a secure investment boasting multiple income streams and approved development upside.

Architecturally designed by Sir John Sulman in c.1894, the building comprises of three retail tenancies distributed across two floors (ground & basement), with a two bedroom apartment occupying the first floor. Additionally, the property features vacant land at the rear fronting Millewa Lane, complete with development approval for 2 x four bedroom townhouses and conversion of the roof space into a luxury 3 bedroom unit.

Key Highlights:
+ 1,027 sqm site with dual street frontages
+ Secure income stream from multiple tenants
+ DA approval for 2 x 4-bedroom townhouses and a 3-bedroom luxury apartment at the rear
+ Land-constrained market supported by strong fundamentals & limited supply
+ Affluent suburb benefitting from an abundance of nearby amenity
+ 150m from Wahroonga Bus & Train interchange
+ Convenient connectivity to major arterial roads including the M1, M2 & NorthConnex
+ Potential for future development uplift given <400m from Wahroonga Train Station, in line with the State Government's draft new SEPP / low to mid-rise Housing Reforms (STCA)

For Sale via Expressions of Interest
Closing Thursday 7 March 2024 at 3:00pm (AEDT)

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

EXPRESSION OF INTEREST

Closing date and time07/03/2024 15:00
Recipient nameAsk Agent
Delivery addressclosing Thursday 7 March 2024 at 3:00pm (AEDT)
Colliers International - North Sydney
Colliers International - North Sydney
Level 42, 100 Miller Street
North Sydney, NSW 2060

Property Highlights

Date Sold19 Mar 2024
Floor AreaAsk Agent
Land Area1,027 m²
ParkingAsk Agent
Property ID2019029303
Category
Last updated  19 Mar 2024
Map for 62-66 Coonanbarra Road Wahroonga NSW 2076

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Colliers International - North Sydney
Colliers International - North Sydney
Level 42, 100 Miller Street
North Sydney, NSW 2060

Property Highlights

Date Sold19 Mar 2024
Floor AreaAsk Agent
Land Area1,027 m²
ParkingAsk Agent
Property ID2019029303
Category
Last updated  19 Mar 2024

Co-Agents

Tom Appleby
Colliers International - North Sydney
Call
+61 405 693 696
Samantha Carroll
Samantha Carroll
Colliers International - North Sydney
Call
0432930525
James Mullin
James Mullin
Colliers International - North Sydney
Call
0451 007 463

More about 62-66 Coonanbarra Road Wahroonga NSW 2076

62-66 Coonanbarra Road Wahroonga NSW 2076 is categorized as Land & Development Property. It has a land area of 1,027 m². The listing ID for this property is 2019029303.

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