278 Willoughby Road,
Naremburn, NSW 2065

Shops & Retail • Other

Key property information

Land area

Floor area

Zoning

Tenure type

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Map of 278 Willoughby Road

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OUTSTANDING FREEHOLD RAW DEVELOPMENT OPPORTUNITY

CLASSIC BOUTIQUE FREE STANDING SHOP AND 3 BEDROOM RESIDENCE ON LARGE LEVEL BLOCK

Features:
- Ideal commercial and residential mix
- Potential redevelopment opportunity
- Handy side pedestrian access
- Potential dual income streams with both commercial and residential
- Land size: 404.71 sqm | FSR: 1.50:1 | Height limit: 11 metres | Potential FSR 607.06 sqm
- Zoning: B1 - Neighbourhood Centre
- Local Government Area: Willoughby Council
- Set amongst Naremburn's quaint village shopping hub
- Array of options to build and value add or continue to rent as a prized investment
- Ample Street community parking

Leases:
- Shop let at $26,400.00 GAR + GST
- Residential currently vacant. Last let at $30,940.00 per annum

Metres from Gore Hill Freeway, Warringah Freeway and only 7km from CBD. Close proximity to St Leonards Railway Station and Royal North Shore Hospital.

"A prized investment with outstanding value add potential"

Naremburn, 2065 demographic data

The median household income for Naremburn is $3,272, 58% higher than Greater Sydney's household income of $2,077. Naremburn has an older age profile compared to the rest of Greater Sydney (median age 39 vs 37). Property ownership data shows 52% of property owners in Naremburn have a mortgage.

5,924

Population

$3,272 per week

Median household income

39 years

Median age

Owners

Most residents

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