80-90 New South Head Road Edgecliff NSW 2027

JLL in conjunction with R&W Newtown take pleasure in presenting 80-84 & 90 New South Head Road, Edgecliff and 9 & 15A Mona Road, Darling Point to market. 

The properties offer flexibility for the purchaser to commence development in the short term to increase holding income as a land bank for a future development.

Property Highlights:
Four separate freehold buildings
DA approval for a part 4, part 7 storey luxury development comprising 38 residential dwellings & 3 retail lots
Land bank potential site area approx. 1,500 sqm
Prominent corner site located 300m* from Edgecliff railway station & bus interchange and Eastpoint Food Fair
Passing Net Income of $634,936.92*
*Approx.

The properties will be offered for sale via Expressions of Interest, closing Thursday the 23rd of July 2020.

-Basement parking for 27 vehicles, bike racks and motorbike spaces under the DA.
(Plus 6 additional existing strata car spaces in the adjoining building at 100 NSH Rd.).