Stanton Hillier Parker in conjunction with CI Australia, are delighted to bring to market 79-81 Old South Head Road, Bondi Junction, for sale via public auction. A truly rare opportunity to acquire a tightly held premium landmark property in one of Sydney's most popular suburbs. This freehold property comprises of 22 commercial suites over two levels with a central atrium garden and convenient path access to Ben Eden Street.
79-81 Old South Head Road represents a significant opportunity for land banking, value-add and an array of exciting development options. Maximising the current height allowance of 12.5 metres will offer expansive harbour and city views from the upper levels.
KEY PROPERTY HIGHLIGHTS:
+ Significant development site
+ Prime value-add opportunity
+ 22 Office suites over 2 levels
+ Net fully leased income $177,550 + GST PA
+ R3 Medium Density Residential Zone
+ Land Size: 886 sqm
+ Gateway location
Offered For Sale via Public Auction on Tuesday 12th October at 10:30am.
Please contact the agent for further information.
In conjunction with CI Australia.
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79-81 Old South Head Road, Bondi Junction, NSW, 2022