This ornate two-level commercial terrace offers a rare opportunity to own one of Double Bay’s most alluring boutique commercial properties with potential to expand and further develop net lettable area. Highly visible, attractive and beautifully restored, the circa 1889 building sits approx. 202m2 on a busy premier street. Premium neighbours include Carla Zampatti and Lloyd Lomas, plus popular and renown locales The Royal Oak Hotel, Mrs Sippy and Limoncello restaurant. The terrace is currently home to an upscale salon on the ground floor, while the upper floor offers bright and breezy office space opening onto a balcony. Exceptionally attractive interiors include an exquisite wrought iron balustrade aside the winding staircase and ornate chandelier of similarly dramatic style, harking back to the property’s original era. Expansive back room perfect for storage, equipment, kitchen facilities and more. This is a one-off chance to own unique premises in one of eastern Sydney’s most iconic and consistently trending suburbs. Double Bay is enjoying a remarkable resurgence to prominence as a luxury retail, commercial and high-end residential precinct. The 5,000m2 Woolworths retail and commercial development, Kiaora, opened in June 2014 and the much-anticipated November 2014 opening of the 140-room InterContinental Hotel, redevelopment of the Double Bay cinemas and a host of new fashion outlets and trendy bar launches such as Pelicanos, Casablanca and Mrs Sippy are reestablishing the area as an investment, business and social epicentre. Now is the time to stake a claim and take advantage of this leading area’s resurgence. Rare chance to secure prime holding in Sydney’s leading luxury retail & wine bar precinct Superb potential to redevelop and potentially expand (subject to approval) Expired development application to expand and include residential tenancy Original features, attractive facade. Beautifully maintained and restored Stacked parking for 6 cars accessed via Gumtree Lane Moments to transport, CBD and located footsteps from New South Head Road Ideally suited to the investor or potential owner occupier
Posted on: Fri, 10 Oct 2014 06:47:29 +0000
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