175 Sailors Bay RoadNorthbridge NSW 2063
Property Details for 175 Sailors Bay Rd, Northbridge
Last Listing description (January 2024)
Located in the popular and vibrant retail strip of Northbridge with strong passing trade, this two-storey freestanding building sits on a 446 sqm block of land, and provides a wonderful opportunity for investment, owner occupation or potential for re-development (stca).
On two separate titles (but offered for sale in one line) the building comprises two retail shops fronting on to Sailors Bay Road, along with four separate office spaces, accessed separately down the side of the building. There are common facilities available, along with basement storage and a very generous rear yard that could provide exceptional outdoor amenity.
Current planning controls allow for a 14m height limit (17m if ground and level 1 are for commercial use) and a Floor to Space Ratio of 2:1 meaning the site could potentially accommodate an 892 sqm building (stca).
With outstanding potential to increase returns and plan for future re-development, this is a wonderful opportunity to secure this landmark building in this superb growth locale.
Auction: Tuesday 17th October 2023 at 10.30am
Inspect: Strictly by prior appointment
Land area: 446 sqm approximately FSR: 2:1
Gross Income: $120,876.12 per annum (based on full tenure at most recent rentals)
Zoned: E1 local centre (Willoughby City Council)
To arrange an inspection or request the Contract or Information Memorandum,
contact David Buttel 0419 263 362 or email dbuttel@rhnb.com.au
Disclaimer
This document was prepared by Raine & Horne Neutral Bay ("RHNB") & the information in this document is general in nature & is a guide only. Nothing in this document is intended to constitute advice (incl. advice about financial products or services) and, before acting, interested parties should make their own enquiries & seek independent advice about all of the information in this document as it does not take into account your individual circumstances. RHNB does not warrant the accuracy of any information in this document, some of which may have been obtained from other people, & which has not been confirmed by RHNB. Figures quoted are approximate only, are subject to change, & do not take account of the possible impact of GST. The information must not be relied upon to make any investment decisions. Subject to any statutory limitation on its ability to do so, RHNB disclaims liability under any cause of action whatsoever, including negligence, for any loss arising from use of or reliance upon this document, your failure to verify the information or seek appropriate advice.
Property History for 175 Sailors Bay Rd, Northbridge, NSW 2063
- 27 Oct 2023Sold for $1
- 27 Oct 2023Sold for $1,360,000
- 14 Sep 2023Listed for Sale Auction: Tuesday 17th October 2023
Recent sales nearby
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0About Northbridge 2063
The size of Northbridge is approximately 2.7 square kilometres. There are 19 parks, covering nearly 28.6% of the total area. The population of Northbridge in 2016 was 6347 people. By 2021 the population was 6493 showing a population growth of 2.3% in the area during that time. The predominant age group in Northbridge is 10-19 years. Households in Northbridge are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Northbridge work in a professional occupation.In 2021, 78.30% of the homes in Northbridge were owner-occupied compared with 78.40% in 2016.
Northbridge has 2,683 properties. Over the last 5 years, Houses in Northbridge have seen a 10.71% increase in median value, while Units have seen a 18.69% increase. As at 30 June 2026:
- The median value for Houses in Northbridge is $4,899,899 while the median value for Units is $1,433,400.
- Houses have a median rent of $1,800 while Units have a median rent of $800.
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