Back to previous step
Close
THE OPPORTUNITY
Investing in 24 Young Street offers the advantage of a strategic location in a thriving commercial and residential hub, versatile space configurations, and potential for significant development. This property is arguably one of the best development sites on the Lower North Shore with a strong track record of success being surrounded by some highest performing mixed use developments in recent years.
X FACTORS
• Development Potential: The property presents significant future development opportunities, making it a valuable investment prospect.
• Prime Location: Situated in the heart of Neutral Bay, the property is surrounded by popular cafes, restaurants, and shops, contributing to high foot traffic and a vibrant community atmosphere.
• Versatile Spaces: The building comprises multiple tenancies, including four retail shops and two office suites, offering flexibility for various business needs.
• Modern Amenities: Features such as high ceilings, ample natural light, and existing restaurant fit-outs in retail spaces make it an attractive option for businesses.
KEY FEATURES
- Site Area: 836.1sqm
- Building Area: 1,264sqm
- 2 Foors
- Basement car park of 22 spaces
- Holding income of $810,111.81 per annum
- 8 Tenancies on short term leases (one on demo clause)
- Zoning: MU1 Mixed Use
- North facing aspect
- 3 street frontage
For further information or to arrange an inspection please contact Alex Bennett on 0439 646 997 or Daniel O'Brien on 0404 860 747.
Remember to mention you found this property on DevelopmentReady
THE OPPORTUNITY
Investing in 24 Young Street offers the advantage of a strategic location in a thriving commercial and residential hub, versatile space configurations, and potential for significant development. This property is arguably one of the best development sites on the Lower North Shore with a strong track record of success being surrounded by some highest performing mixed use developments in recent years.
X FACTORS
• Development Potential: The property presents significant future development opportunities, making it a valuable investment prospect.
• Prime Location: Situated in the heart of Neutral Bay, the property is surrounded by popular cafes, restaurants, and shops, contributing to high foot traffic and a vibrant community atmosphere.
• Versatile Spaces: The building comprises multiple tenancies, including four retail shops and two office suites, offering flexibility for various business needs.
• Modern Amenities: Features such as high ceilings, ample natural light, and existing restaurant fit-outs in retail spaces make it an attractive option for businesses.
KEY FEATURES
- Site Area: 836.1sqm
- Building Area: 1,264sqm
- 2 Foors
- Basement car park of 22 spaces
- Holding income of $810,111.81 per annum
- 8 Tenancies on short term leases (one on demo clause)
- Zoning: MU1 Mixed Use
- North facing aspect
- 3 street frontage
For further information or to arrange an inspection please contact Alex Bennett on 0439 646 997 or Daniel O'Brien on 0404 860 747.
Remember to mention you found this property on DevelopmentReady
24 Young Street, Neutral Bay, NSW 2089
Developments and amenities within a 5km radius of the asset.
One moment please.
Retrieving latest data...
One moment please.
Retrieving latest data...
| Council | |
| Status | |
| Asset Type | |
| Storeys | |
| Residential Dwellings | |
| Developer | |
| Application No. | |
| More Information |
