Entire Block of 4 Strata Title Apartments with Scope to Add Value

RWC Eastern Suburbs and Ray White Double Bay are pleased to present to market, 56 Edward St, North Sydney being sold via Public Auction.

Remarkable opportunity to acquire an entire block of 4 strata units in one line in the heart of North Sydney,

The property offers an incredible opportunity to add value to the building and offers 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.

Ideal for investors and developers alike to capitalise on the current housing market shortage and immigration boom.

Additional Highlights of the Property:

- Entire block of 4 strata titled apartments
- Substantial 696m2 (approx.) block of land
- 18m frontage with scope to develop and add value (STCA)
- Favorable LMR zoning allowing for increased density and height
- 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 5pm
• Location: Homely Auction House
• Address: Level 1, 29-33 Bay St, Double Bay NSW 2028

For further information, please contact the exclusive selling agents.

Zorick Toltsan
RWC Eastern Suburbs
0411 227 784

Melanie Lahoud
Ray White Double Bay
0400 554 544

Breanna Skewes
Ray White Double Bay
0400 487 040

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