THE PROPERTY DEVELOPMENT REVIEW
24 YOUNG STREET, NEUTRAL BAY
1.
SCEGGS Private School
2.
Woolworths Rangers Road
24 YOUNG STREET
5
3.
Neutral Bay Wha Point
9
4.
Neutral Bay Junction
6
5.
Woolworths Neutral Bay
2
6.
Kirribilli
8
3
7.
Neutral Bay Primary School
8.
The Oaks Hotel
1
7
9.
Big Bear Shopping Centre
4
FOR SALE VIA EXPRESSION OF INTEREST
24 YOUNG STREET, NEUTRAL BAY NSW 2089
Situated on 834.7sqm* land
22 Secure car spaces
NLA of 1,264sqm*
Zoned MU1 Mixed Use
Seize this rare opportunity to acquire a premier mixed-use commercial building in a prime location. With its strategic positioning, versatile development potential, and high demand, this site is peect for investors and developers looking to make a significant impact in the real estate market. ICONIC LOWER NORTH SHORE BUILDING
Property Features:
Current Income of $718,806.40pa (potential income completely leased circa $1,017,394.80pa*) Basement parking for 22 vehicles Possible building vacancy by the end of 2026 Potential re-development upside (STCA**)
Aaron McLean / 0420 309 209 aaron.mclean@coutts.com.au
James Eason / 0488 099 399 james.eason@coutts.com.au
Three street frontages Zoned Mu1 (Mixed Use)
Tim Grosmann / 0421 042 722 tgrosmann@savills.com.au
*approximately **subject to council approval
September / October 2024 – 33
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