3 The Postern,
Castlecrag, NSW 2068

Development Sites & Land

Detailed listing

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 3 The Postern

Directions

Rare Investment or Development Opportunity

This extremely well-located freehold property provides a fantastic and rare opportunity to acquire an existing office building with significant mixed-use development upside.

The property is perfectly located in the heart of the Castlecrag town centre, within close proximity to the vibrant retail precinct.

Future residents in this development will also enjoy the accessibility to reliable public transport and major arterial roads which provide easy and quick access to both Sydney and North Sydney CBD.

Key Features Include
- Substantial site area of 1,084 sqm*
- Flexible B1 – Neighbourhood Centre Zoning allowing for a multitude of uses
- Adjacent to the first-class retail outlets of Castlecrag
- Holding income
- Further potential development uplift under the proposed Willoughby City Council planning strategy

For Sale via Expressions of Interest (EOI) closing at 4pm (AEST) Wednesday 2nd October 2019

Castlecrag, 2068 demographic data

The median household income for Castlecrag is $4,675, 125% higher than Greater Sydney's household income of $2,077. Castlecrag has an older age profile compared to the rest of Greater Sydney (median age 47 vs 37). Property ownership data shows 43% of property owners in Castlecrag have a mortgage.

2,965

Population

$4,675 per week

Median household income

47 years

Median age

Owners

Most residents

Families

Most households

Knight Frank - North Sydney

Level 33/100 Mount Street
NORTH SYDNEY, NSW 2060