152 Mowbray Road,
Willoughby, NSW 2068

Shops & Retail • Offices • Medical & Consulting

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Map of 152 Mowbray Road

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CORNER FREEHOLD WITH DEVELOPMENT POTENTIAL

Landmark Building
New 5 + 5 year lease
Development Potential (STCA)

Offered for the first time in over 45 years, CI Australia are delighted to offer 152 Mowbray Road, Willoughby For Sale by way of Expressions of Interest closing 4:00pm Wednesday 30th September 2020.

152 Mowbray Road comprises a charming two level building perfectly positioned on the corner of Mowbray Road & Penshurst Street. This freehold is a key site for future development, a result of its inclusion in the Draft Willoughby Local Centres Strategy to 2036. The plan proposes a dramatic uplift in its height limits and FSR.

Key Features Include:
• Rare Willoughby Freehold For Sale
• Landmark Corner
• Brand new 5 + 5 year lease to Nouvelle
• Tenant in occupation for over 15 years
• Exposure to 35,000 vehicles daily (approx.)
• Demolition Clause
• Mixed Use Zoning
• Ability to occupy Level 1
• Views of the Sydney CBD

152 Mowbray Road is suitable to investors, owner occupiers, land bank developers and value add converters.

For more information or to arrange an inspection please contact Nick Lowry from CI Australia on 0408 891 376

Willoughby, 2068 demographic data

The median household income for Willoughby is $2,995, 44% higher than Greater Sydney's household income of $2,077. Willoughby has an older age profile compared to the rest of Greater Sydney (median age 40 vs 37). Property ownership data shows 50% of property owners in Willoughby have a mortgage.

7,124

Population

$2,995 per week

Median household income

40 years

Median age

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