80-82 Queen Street Woollahra NSW 2025
- 721 m²
- Commercial Auction
Landmark Corner Woollahra Building with Significant Development Upside
On behalf of the Vendors Ray White Woollahra and Confidence Property are delighted to offer for sale by way of Public Auction the building 80-82 Queen Street, Woollahra.
Perfectly positioned in the Woollahra Village, 80-82 Queen Street, Woollahra occupies an enviable Landmark Corner Location spanning 3 street frontages, located on 403 sqm of tightly held land. The property is bound by Queen Street (at the front) Halls Lane (side) and Smith Street (rear).
80-82 Queen Street provides an outstanding opportunity to acquire a landmark commercial and retail asset generating a strong cash flow with the potential upside to enhance the building and develop a mixed-use or commercial scheme (STCA). Draft concepts upon request.
The property consists of four tenancies, two retail tenancies on the Retail Level "Fineline Global Brands Pty Ltd" and " The Bay Tree" and the first floor of the building houses Jocelyn Petroni & Roth Architects. The current net income $477,000 per annum (approx).
Situated on the western side of Queen Street, Woollahra the property is well positioned to take advantage of the key benefits made available by it's location including a 12 metre frontage to Queen Street and rear lane access from Smith Street, this is truly a rare collectors parcel of land with various add value upside.
The property is to be sold by way of Public Auction on the 10th September 2019 at Auctionworks Mezzanine Level 40 Margaret Street, Sydney NSW 2000.
For a private inspection, please contact the Exclusive Agents
0407 892 214
Ray White Woollahra
0419 655 519
|Auction date and time||10/09/2019 10:30|
|Auction location||Mezzanine Level, 50 Margaret Street, Sydney|
|Floor Area||721 m²|
|Land Area||403 m²|
|Energy||0-star NABERS Energy rating|
|Annual Return||Ask Agent|
|Last updated||16 Aug 2019|