Name: 4 Olphert Avenue, Vaucluse, NSW 2030
Address: 4 Olphert Avenue , NSW, Vaucluse, NSW, 2030
Telephone: +61 408 780 772

+9 Photos

4 Olphert Avenue, Vaucluse, NSW 2030

Properties / Buy / New South Wales / Vaucluse

Development Potential

1. Property Summary

Property Type

Residential

Sub Type

Townhouse Sites, Land Site

Land Area

664 m² (*approx)

Zoning

R2 Low Density Residential

Selling Method

Expressions of Interest: Price Guide $6M+

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2. Property Highlights

Trophy Eastern Suburbs Luxury Residential Development Site

Elevated Site Providing Water Views
Valuable Existing Improvements
Short-term Blue Chip Holding Income

Stonebridge is pleased to present for sale, on behalf of Telstra, 4 Olphert Avenue, Vaucluse – a rare and outstanding luxury residential development opportunity located within a tightly-held Eastern Suburbs pocket.

Key highlights of the opportunity include:

- Rare freehold development site within a highly sought-after pocket of one of Sydney’s most affluent suburbs

- Existing improvements comprise a 13.5 m* double-storey brick building with impressive floor-to-ceiling heights and expansive floorplates

- Concept scheme for two luxury dwellings (STCA) – capitalise on the unrepeatable scale of existing built form that is greater than current building height and FSR controls

- Elevated corner position with a prominent double frontage provides water views from both bottom and top floors

- Proposed short-term holding income secured to Telstra via a landlord-favourable triple net lease structure (tenant pays outgoings)

- Convenient to prestigious local schools including Kambala and Kincoppal-Rose Bay School

4 Olphert Avenue, Vaucluse is for sale individually, or together with 1C John Street, Hunters Hill via EOI closing Wednesday 27 March 2024.

For further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.

Lincoln Blackledge

+61 408 780 772

Spero Xenos

+61 420 544 919

*Approximately

Property Code: 851

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