356-366 New South Head Road, Double Bay, NSW 2028 sold on 18 March 2025 | OnTheHouse
SOLD
Sold on 18 Mar 2025 for $26,500,000

356-366 New South Head Road
Double Bay NSW 2028

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 110m2
Land area: 462m2
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Property Details for 356-366 New South Head Rd, Double Bay

Building Type
Commercial
Floor Size
110m2
Land Size
462m2
Local Government
Woollahra
Lot/Plan
1/DP652567

Last Listing description (March 2021)

An iconic building ready to refurbish, occupy or invest.

Piccadilly Court is in the absolute heart of the Bay and represents an exceptional opportunity to acquire a substantial freehold asset with endless upside and opportunity.


356-366 New South Head Road, Double Bays attributes include:

- Substantial four level commercial asset featuring one of Double Bays busiest pedestrian links, joining New South Head Road to Short Street and beyond
- Diverse and multiple income streams
- Land Area of 461.6m*
- Net Lettable Area of 873.8m*
- Net passing income $524,140 per annum*
- Anchor tenant Ray White Double Bay
- Flexible B2 Local Centre Zoning
- FSR: 2.5:1
- Height limit: 14.7 metres
- Refurbish, redevelop or reposition
- Attractive lease structures favour refurbishment
- Rear Street Access to Short Street, Cosmopolitan Centre & Public Car Park
- Exceptional exposure to over 65,000 passing cars each day
- Perfectly positioned on the main artery connecting the Eastern Suburbs through to Sydneys CBD.

Colliers & Ray White Commercial Eastern Suburbs exclusively offer Piccadilly Court for sale by way of Public Auction on Thursday, 18 March 2021 at 10:30am (AEDT).

For further details, please contact Miron Solomons, Matt Pontey or Guillaume Volz of Colliers or Grant Whiteman of Ray White Commercial.

*approximately

Property History for 356-366 New South Head Rd, Double Bay, NSW 2028

A timeline of how this property has performed in the market
Last Sold
$26,500,000
18 Mar 2025
Listed for Rent
$287/w
30 Aug 2019
  • 18 Mar 2025
    Sold for $26,500,000
  • 18 Mar 2021
    Sold for $21,000,000
  • 11 Feb 2021
    Listed for Sale Public Auction
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About Double Bay 2028

The size of Double Bay is approximately 0.8 square kilometres. It has 6 parks covering nearly 10.0% of 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 3,719 properties. Over the last 5 years, Houses in Double Bay have seen a 50.28% increase in median value, while Units have seen a 30.38% increase. As at 30 November 2025:

  • The median value for Houses in Double Bay is $7,374,590 while the median value for Units is $1,831,214.
  • Houses have a median rent of $1,300 while Units have a median rent of $1,100.
There are currently 5 properties listed for sale, and 6 properties listed for rent in Double bay on OnTheHouse. According to Cotality's data, 145 properties were sold in the past 12 months in Double bay.

Suburb Insights for Double Bay 2028

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Ray White Commercial Eastern Suburbs
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.