402 Sydney Road, Balgowlah

At this address is a unit on a lot in DP85983 Balgowlah NSW. In the local government area Northern Beaches, with 0 bedrooms and 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
384 m2
Building size
198 m2
Council area
Northern Beaches
Year built
n/a
Lot plan
DP85983 Balgowlah NSW
House type
Land: Res Development



HISTORY

Last sold 21/12/2016
$3,200,000



LISTING DESCRIPTION
as of August 2019

DA APPROVED DEVELOPMENT SITE CBRE, as the exclusive selling agent, is pleased to present 396-402 Sydney Road, Balgowlah. The neighbouring commercial buildings are fully tenanted and are DA approved for a mixed use development in a highly sought after suburb in Sydney's Northern Beaches.396-402 Sydney Road, Balgowlah benefits from the following key investment highlights:-812sqm* DA approved development site-DA approved for 4 x 1 bed units, 11 x 2 bed units, 36 secure basement car spaces & 310sqm* of retail-Ready for construction benefiting from short leases / demolition clause -Currently fully tenanted with $156,755* gross annual holding income-Large 19m* frontage to Sydney Road-Flexible B2 Local Centre zoning-150m* to Stockland Shopping Centre with Coles, Fitness First Platinum and Harbord Growers Market-650m* to Sydney Harbour and North Harbour Reserve-Highly demanded suburb with strong growth and affluent demographic-Serviced by frequent Sydney Road buses and the new Rapid B-Line bus routes-Express bus service to Sydney CBD-Poised to benefit from proposed Northern Beaches tunnel to Sydney CBDFor further information, please contact the exclusive CBRE selling agents.*Approximate