Office

EDGECLIFF, New South Head Road 80-90

80-90 New South Head Road Edgecliff, NSW Australia 2027
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1995
Building Area

Property Description

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. 

Investment Highlights

-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.).

James Aroney
James Aroney
Director, Sales & Investments - NSW
Ben Hunter
Ben Hunter
Head of Metropolitan Sales & Investments - NSW

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