CBRE Capital Markets are pleased to offer 100% unit entitlement of 12 Mount Street, North Sydney. The asset offers the rare chance to secure a prime site in North Sydney, benefiting from the current generational infrastructure transformation and underpinned by valuable MU1 mixed use zoning.
The property is ideally located, within just 200m to Greenwood Shopping Centre, 500m to North Sydney Bus/Rail interchange and 350m to the new North Sydney metro station scheduled to open in a few months.
Investment Highlights
- Rare 100% unit entitlement interest in North Sydney's CBD (currently comprised of 20 strata lots, 31 car spaces and 2 additional motorcycle bays),
- Spectacular sweeping views of renowned glistening Sydney Harbour, iconic Sydney Harbour Bridge as well as skyline and cityscape vistas,
- Potential to convert the existing 9 level, commercial building into a mixed use / residential building over a single level of basement carparking,
- MU1 mixed use zoning with building height limit of RL110m,
- Potential for holding income and vacant possession from the 1st of January 2025,
- Premier location and inner-city proximity present an excellent opportunity to capture an evolving prestige apartment market.
A 100% interest in 12 Mount Street, North Sydney is being offered for sale via an International Expressions of Interest campaign closing on Thursday, 4th April 2024 at 4:00pm (AEDT).
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