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241 - 243 Sydney Road
Fairlight NSW 2094
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Sold on 6 Dec 2023

241 - 243 Sydney Road Fairlight NSW 2094

  • Development / Land
  • 214 m²
  • Sold

Quality Location - Vacant Possession - Potential to Improve

    A rare investment or lifestyle opportunity comprising a commercial retail shop with potential for adding 1 or 2 Studio units above. (See Lapsed DA for 2 Studio Apartments)
    Alternatively, knock down and rebuild a quality family home in a fantastic and convenient location (STCA and Rezoning).

    The property is located on the Southern side of Sydney Road with a Northerly aspect and potential views over Fairlight / Balgowlah from a second level.
    Positioned approx. 500m from the heart of Balgowlah's shopping precinct, 500m to Fairlight neighbourhood shops and an easy level 200m walk to a local Coffee Shop.
    Approx. 1.3km to Manly shops and beach
    Approx. 800m to the Harbourside Walking path from Fairlight to Manly
    An easy drive to Warringah Mall with major retailers and over 50 stores
    Close to many local Private and Government Primary & High Schools

    We currently have lapsed plans for a DA approval for 2 x Studio apartments added on top of the shop. Part of the structural work has already been completed for the addition of units above.
    Current Zoning - ZONE E1 Local Centre

    This property represents an excellent opportunity for a multitude of uses and future potential.
    - Add 2 x studio apartments above - increase potential rental income
    - Add on a larger single unit above - Live in the unit and receive an income
    - Knock down the current premises and replace with a quality family home
    ** Contract, Lapsed Plans & Drawings available to download from skyline*** using a desktop, laptop or iPad.

    EXPRESSION OF INTEREST

    Closing date and time25/09/2023 12:00
    Recipient nameAsk Agent
    Delivery addressAsk Agent

    Property Highlights

    Date Sold6 Dec 2023
    Floor Area120 m²
    Land Area214 m²
    Parking6 x Onsite parkings
    Property ID2018716166
    Category
    Last updated  4 Dec 2023
    Map for 241 - 243 Sydney Road Fairlight NSW 2094

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    Property Highlights

    Date Sold6 Dec 2023
    Floor Area120 m²
    Land Area214 m²
    Parking6 x Onsite parkings
    Property ID2018716166
    Category
    Last updated  4 Dec 2023
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