CBRE, as the exclusive selling agent, is pleased to present a fantastic mixed-use development offering in the exclusive and tranquil suburb of Hunters Hill: 63 - 67 High Street, Hunters Hill.
The site consists of three adjoining lots currently comprising a mix of retail tenancies and residential units, with a total of 6 car spaces. The property benefits from a large 942sqm* parcel of land and commands an attractive corner location with a leafy outlook over the neighbouring Boronia Park.
The B1 Neighbourhood Centre Zoning and 8.5m height limit associated with the property allows for an exciting opportunity to create a shop top housing development (STCA). A mixed-use development in this location would be very attractive, with retail tenancies benefiting from the accessible corner location and large frontage, whilst residential apartments above would be suited to the tranquil surroundings.
63 - 67 High Street, Hunters Hill benefits from the following key attributes:
Generous site area of 942sqm*
Lifestyle location opposite Boronia Park and a stones throw from Lane Cove Valley Walk along the Lane Cove RIver and Tipperary Falls
Situated on a desirable corner block with leafy views
B1 Neighbourhood Centre zoning with 8.5m height limit & FSR of 1:1, allowing for shop top housing development (STCA)
Large frontage of 22m* to High Street and 32m* to Park Street providing great access for construction and perfect frontage for future retail in a development
Desirable rectangular shaped site with a gentle slope
Fully leased holding income of $127,407.48* per annum
The property will be made available for sale by way of Public Auction on Tuesday, 4th of May 2021 at AuctionWorks (live stream & online bidding available)
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*approximate