332 New South Head RoadDouble Bay NSW 2028
Property Details for 332 New South Head Rd, Double Bay
Last Listing description (August 2022)
Located in the heart of the village, directly opposite Westpac Bank and the Royal Arcade, this is a rare opportunity to occupy an entire building in the tightly held Double Bay commercial precinct. Occupied by Double Bay Chinese for the past 30+ years, the property presents as a substantial restaurant prospect or alternatively a long-term office or retail offering.
+ 240sqm* commercial area, split across two floors
+ Huge plate-glass exposure to New South Head Road with ample signage opportunities
+ Full commercial kitchen, stovetop, ovens, dishwashing area, etc
+ Large reception area plus ample private offices & storage
+ Building would suit an adaptive reuse into boutique office or retail accommodation
+ On-site parking available and rear access via Gum Tree Lane
+ An outstanding opportunity to establish a prominent presence in Double Bay
*Approximately
Property History for 332 New South Head Rd, Double Bay, NSW 2028
- 05 Jul 2024Sold for $13,500,000
- 13 Apr 2022Sold for $9,700,000
- 25 Mar 2022Listed for Rent - Price not available
Recent sales nearby
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About Double Bay 2028
The size of Double Bay is approximately 0.8 square kilometres. There are 6 parks, covering nearly 10.0% of the total area. The population of Double Bay in 2016 was 4642 people. By 2021 the population was 4709 showing a population growth of 1.4% in the area during that time. The predominant age group in Double Bay is 30-39 years. Households in Double Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Double Bay work in a professional occupation.In 2021, 53.10% of the homes in Double Bay were owner-occupied compared with 54.90% in 2016.
Double Bay has 3,739 properties. Over the last 5 years, Houses in Double Bay have seen a 29.17% increase in median value, while Units have seen a 12.36% increase. As at 30 April 2026:
- The median value for Houses in Double Bay is $7,000,283 while the median value for Units is $1,837,922.
- Houses have a median rent of $3,550 while Units have a median rent of $1,100.
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