R2 Zoned Automotive Warehouse with DA Approved Plans for Luxury Residence
RWC Eastern Surburbs + Ray White Double Bay are pleased to present 48 Oxford St, Woollahra to market via Private Treaty.
Located in a prime Woollahra position adjacent to the botanical grounds of Centennial Park and on the cusp of Oxford Street's and Paddington's diverse café, dining and shopping scene, this flexible property presents an outstanding opportunity.
Currently the home of a long-standing tyre business with a quality tenant in place, the property is DA approved for a luxury residence designed by CM Studio, with landscape by Dangar Barin Smith, creating one of Woollahra's finest future homes. The opportunity also exists to convert the property to a duplex/townhouse project or possible alternative use (STCA).
Alternatively, with an excellent income stream in place, the property can be landbanked as an outstanding investment to be redeveloped in the future. The unbeatable location is footsteps to popular cafes, shops, services, the park and bus, and moments to Bondi Junction.
Property Highlights
• DA Approved Plans for Luxury Residence (approx 650m2 internal)
• Potential to convert to Duplex or Townhouse project
• Possible alternative uses (STCA)
• Highly exposed 377m2 site (approx) in R2 Zoning
• Flexible lease in place with existing tenant returning ($210,000 + GST, approx)
• Close to schools, parks, CBD, transport and Bondi Junction
For further information, please contact the exclusive selling agents.
Ray White Double Bay - Exceptional Living Begins Here
Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY
Features
1 bedroom
2 bathrooms
378 m² floor area
crop_free377 m² lot size
cottageOther
Property history for 48 Oxford Street
2023
Sold
Undisclosed
Private Sale/Treaty on 20 Apr 2023 by James Nixon, of Highland Double Bay
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