This iconic building, situated on the corner of Henrietta Street and Cooper Street in the heart of Double Bay, presents a rare investment opportunity. The property comprises 14 well-maintained apartments with parking, and occupies a substantial 776 square meter corner block.
Key Property Features:
- Land Area: 770m² (approx.)
- Building Height: Proposed 22m under LMR Housing policy (STCA)²
- Potential GFA (Gross Floor Area): Approx 1715 m2 (STCA)
- Current Use: 14 (7 x 2 bed and 7 x 1 bed) residential apartments with parking for 16 Cars
- Fully Tenanted Investment
- Strata Plan in place - Sold in one line
Location Highlights:
Perfectly positioned to Double Bay's vibrant shopping village, picturesque harbour foreshore and ferry wharf. Excellent transport links providing easy access to the CBD and beyond.
Surrounded by a mix of public parks, Sydney's most popular beaches, and first-class amenities.
The area is renowned for its high-end retail, dining, and services, further enhancing its appeal.
This exceptional property provides the perfect balance of immediate income with the potential for future development (STCA).
With a solid annual income of approximately $520,000 with a potential to increase, it offers a unique opportunity for investors to secure a prime asset in one of Sydney's most prestigious and sought-after locations. Whether you're looking to develop, hold, or both, 5 Henrietta Street presents unparalleled value.
For Sale by Expressions of Interest Closing 3pm 10th October 2025 if not sold prior
