CBRE is pleased to present 3-5 Rodborough Avenue, Crows Nest. Located in Sydney’s Lower North Shore, this is an extremely rare opportunity to secure a desirable development site well positioned to take advantage of the incoming Sydney Metro Train project.

3-5 Rodborough Avenue, Crows Nest benefits from the following key attributes:

• Site area 1,100sqm*
• Quiet cul-de-sac location two traffic lights from Sydney CBD
• FlexibleR4 High Density Residential zoning allowing for a residential flat building (apartments), multi dwelling housing (townhouses), and shop top housing (STCA)
• 12m building height limit
• Current improvements of a six-bedroom house and 28 place child care centre
• Currently benefiting from holding income
• Potential net holding income of $159,973 per annum*
• Surrounded by a wealth of educational institutions and health services
• Well positioned to benefit from the new Crows Nest Sydney Metro Station
• Located 150m* from St Leonards Park, 400m* from Warringah Freeway entry, 600m* from Woolworths and 1.4km* from North Sydney CBD

3-5 Rodborough Road will be offered for sale via expressions of interest closing on Wednesday 08 August 2018 at 4:00pm.

*Approximate