Woollahra Shops & Residence - Substantial Land

Ray White Commercial Eastern Suburbs is proud to present for Auction Sale 164-166 Edgecliff Road Woollahra.

Nestled between the boutique Woollahra Shopping Village and the popular Westfield Bondi Junction, this prize mixed use investment is ideal for investors looking for significant development upside.

The key features of this strategic opportunity include:

• Two established retail tenancies
• Each with huge garage off Dyson Lane
• Shop 1 - Inspired Exteriors Landscape design
• Shop 2 - Saryta Bridal Wear
• First floor newly renovated 2/3 bedroom residence
• Large open yard between shops and garaging
• Current income $162,900 could be easily improved
• Two separate titles, total land approx. 507 sqm
• Ideal northerly aspect
• Zoned B1 Neighbourhood Centre, Woollahra LEP 2014
• Floor Space Ratio 1 : 1, maximum height of building 9.5m
• Expired leases favour development
• Low maintenance passive investment, ideal for self-managed superfunds

With the added bonus of high profile exposure to passing traffic, and being only meters to all public transport services, shops and schools, this is an opportunity not to be missed.

164-166 Edgecliff Road is to be offered by Public Auction on Tuesday 20th September 2022,
at 5pm, Homely Auction House, Level 1 at 29-33 Bay Street Double Bay
Inspect Tuesday and Thursday 12-1pm

For all inspections and further information please contact:

Grant Whiteman
0418 244 566
gwhiteman@raywhite.com

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