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CBRE - Sydney
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348 Sydney Road Balgowlah, NSW 2093

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For Sale - Expression of Interest

348 Sydney Road Balgowlah, NSW 2093

Shop & Retail • Development Sites & Land • Offices
Sale Price

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Land area

386.0m²

Floor area

446.0m²

Property extent

Whole

Tenure type

Tenanted Investment

INVESTMENT WITH DEVELOPMENT UPSIDE

  • 436sqm Building Area & 386sqm Site Area*
  • Fully Leased Net Income of $115,899 pa*
  • Dual Street Frontage with Great Exposure
CBRE as the exclusive sales agent is pleased to present 348 Sydney Road, Balgowlah. Currently a retail investment fronting Sydney Road, the property offers investors development potential under the designated B2-Local Centre zoning.

348 Sydney Road, Balgowlah benefits from the following key investment highlights:

- Retail investment with development upside
- Estimated fully leased net income of $115,899 per annum*
- Flexible B2 – Local Centre zoning, 2 : 1 FSR and 12.5m height limit
- 436sqm* building area across 5 tenancies
- 385.7sqm* site with dual street frontage
- 10.5m* frontage to Sydney Road and 11m* frontage to Totem Lane at the rear
- Serviced by frequent Sydney Road buses and the new Rapid B-Line bus routes
- Poised to benefit from proposed Northern Beaches tunnel to Sydney CBD
- Opposite Stockland Balgowlah Shopping Centre accessed via Totem Lane
- Highly demanded suburb with strong growth and affluent demographic

For further information, please contact the exclusive CBRE selling agents.

*Approximate

Property ID: 503155598Last Updated: 13 Jun 2019

CBRE - Sydney
348 Sydney Road
Balgowlah, NSW 2093
Aaron Arias
Toby Silk
Nicholas Heaton

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000

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CBRE - Sydney

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CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
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Aaron Arias

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Aaron Arias
CBRE - Sydney
348 Sydney Road Balgowlah, NSW 2093

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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