79 Gladesville Road Hunters Hill NSW 2110

Offices
119 m²
Sold

MEDICAL FREEHOLD INVESTMENT WITH DEVELOPMENT UPSIDE

5 + 5 year net lease
Multiple value-add propositions
DA Approved (expired) for 3bed residence

Colliers are pleased to present For Sale 79 Gladesville Road, Hunters Hill; a premium freehold investment with genuine development potential positioned in a tightly held Sydney Harbourside locale. As an underutilised site and underpinned by a coveted medical tenant, the property will undoubtedly appeal to a wide range of investors and developers.

Key Highlights:
+ Conveniently located on Hunters Hill thriving retail strip
+ DA approved (expired) for 3 bedroom residence with potential water views
+ 5 + 5 year net lease to Advanced Dentistry Sydney
+ Multiple value-add propositions including extension and site amalgamation
+ Underutilised site with B4 mixed use zoning allows for future residential development (STCA)
+ Elevated position with rear lane access and 4 car bays
+ Possible FSR increases via amalgamation
+ Excellent natural light from northern aspect
+ Exceptional exposure to Gladesville Road
+ Potential for rental reversion 10% rent increase commencing Jun-23
+ Surrounded by lifestyle and transport amenity with swift access to Sydney CBD, Macquarie University, Chatswood and North Sydney

For Sale via Public Auction:
When: Thursday 2nd March 2023 commencing 12:00pm (AEDT)
Where: Level 30, Grosvenor Place 225 George Street, Sydney

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