Share this property

realcommercial.com.au
CBRE - Sydney

66 Undercliff Street Neutral Bay, NSW 2089

Directions

66 Undercliff Street,
Neutral Bay, NSW 2089

Other

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

CBRE - Sydney

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
02 9333 33...
CBRE - Sydney
66 Undercliff Street
Neutral Bay, NSW 2089

Map of 66 Undercliff Street

Directions

DESIRABLE INVESTMENT IN SYDNEY’S EXCLUSIVE LOWER NORTH SHORE WITH CITY VIEWS

  • 6 x 2 Bedroom Apartments
  • Desirable freehold with city views
  • Proximity to shops, transport & parks
Rarely does an opportunity like this present itself in Neutral Bay, offering sensational city views in Sydney’s highly desirable Lower North Shore, this apartment block has been stylishly renovated. Residing in a quiet leafy street, the property presents the opportunity to strata title and sell down or develop into a luxury apartment block under existing use rights (STCA). Standing on a generous 657sqm* landholding, the charming property is comprised of six-two-bedroom half floor apartments with six onsite parking spaces. The apartments being half floors, enjoy only one common wall and great natural light from windows across three sides. Situated in an extremely convenient and desirable location just moments from the bustling North Sydney CBD and Sydney CBD in addition to major services and amenities including shops, public transport, prestigious schools, and lavish parks.

Key features of the property include:

•Six spacious half floor two-bedroom apartments recently renovated.
•Each apartment has its own car space with onsite parking for six cars
•Opportunity to strata title and sell down or develop under existing use rights (STCA)
•Sensational investment opportunity in a highly tenanted area, underwriting the area’s strong rental demand
•Highly desirable and popular location attracting white collar tenants and young families
•Conveniently situated in Sydney’s exclusive Lower North Shore in great proximity to shops, prestigious schools, public transport, parks, and Sydney CBD
•Desirable freehold property with stunning views of Sydney CBD
•Generous 657sqm* landholding in a quiet street

66 Undercliff Street, Neutral Bay will be sold via Public Auction on Tuesday 8 June, 2021 at AuctionWORKS - Mezzanine Level, 50 Margaret Street, Sydney (live stream & online bidding available).

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx.

Neutral Bay, 2089 demographic data

The median household income for Neutral Bay is $2,443, 18% higher than Greater Sydney's household income of $2,077. Neutral Bay has an older age profile compared to the rest of Greater Sydney (median age 38 vs 37). Property ownership data shows 46% of property owners in Neutral Bay have a mortgage.

10,090
Population
$2,443 per week
Median household income
38 years
Median age
Renters
Most residents
Families
Most households
CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000

More properties from CBRE - Sydney

Other properties you might be interested in based on the location and property type you are looking at.