491 New South Head Road Double Bay NSW 2028

CBRE as the exclusive sales agent is pleased to present 491 New South Head Road, Double Bay. Strategically positioned within short distance to the Double Bay Village and Sydney Harbour, the property is DA Approved for the construction of 9 large residential apartments across 5 storeys and sits above basement parking for 7 vehicles.

491 New South Head Road, Double Bay provides an exceptional opportunity to developers to capitalise on this convenient position and Development Approval which is underpinned by multiple and diverse income streams.

491 New South Head Road, Double Bay benefits from the following attributes:
- DA Approved for 9 apartments comprising 4 x 3 bedrooms, 4 x 2 bedrooms and 1 x 1 bedroom plus study along with basement parking for 7 cars.
- Approved GFA of 845.23sqm*
- Short walk to Double Bay Town Centre, Woolworths and Redleaf Beach
- Holding income from multiple tenancies
- Zoning: R3 Medium Density Residential
- FSR: 1.3:1
- Height Limit: 15 metres
- Opportunity to capitalise on strong demand from investors, downsizers and families

491 New South Head Road, Double Bay will be offered for sale by Expressions of Interest closing Tuesday, 6 April 2021.

Gemma Isgro
0403 230 085

Matthew Fenn
0416 925 444

Nicholas Heaton
0408 025 097