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Block of Units in North Sydney
Entire Block of 4 Strata Title Apartments with Scope to Add Value
- 8 Beds
- 4 Baths
- 3 Cars
Ray White Double Bay and Ray White Commercial Eastern Suburbs are pleased to present to market, 56 Edward St, North Sydney being sold via Public Auction.
Set on 696sqm (approx.) of land in the heart of North Sydney, this is a rare opportunity to acquire an entire block of 4 strata title apartments in one line, consisting of 4 x 2 bedroom units with separate study. The property offers an incredible opportunity to add value to the building and future development potential given the property falls within the LMR zone under the proposed NSW Government planning controls. Situated approximately 600m from Victoria Cross Metro Station, 200m to Australian Catholic University, less than 1km to Mater Private Hospital, 700m to Waverton Train Station, 550m to North Sydney Station and moments to Woolworths, popular cafes and restaurants.
- Entire block of 4 strata titled apartments
- Minutes to Victoria Cross, North Sydney and Waverton Train Stations
- Substantial 696sqm (approx.) block of land with an 18m frontage with scope to develop (STCA)
- Favorable LMR zoning allowing for increased density and height (STCA)
- Consisting of 4 x 2 bedroom + study / sunrooms with onsite parking
- Currently returning $152,412pa with scope to increase
Inspection Times:
• Saturday & Thursday 9.30 - 10.00am (commencing Saturday 15th March)
Auction Details:
- Date: Tuesday 8th April, 2025 at 5.00pm
- Location: Homely Auction House
- Address: Level 1, 29-33 Bay St, Double Bay NSW 2028
For further information, please contact the exclusive selling agents:
Melanie Lahoud
Ray White Double Bay
0400 554 544
Breanna Skewes
Ray White Double Bay
0400 487 040
Zorick Toltsan
RWC Eastern Suburbs
0411 227 784
Ray White Double Bay - Exceptional Living Begins Here
Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY
3 garage spaces
8
4
