Double Bay 3 Wiston Gardens
"Eastover" Whole Building To Be Sold In One Line, Potential Redevelopment Site, Prime Harbour Side Location. Area 823 sqm, R3 Zoning
A rare and unique opportunity to acquire this landmark 4 storey residential apartment block comprising 5 x 2 bedroom apartments plus 5 lock up garages.
The property from its elevated position and wide street frontage has superb north east harbour views and is located in a prestigious harbour side cul-de-sac only a stones throw to the ferry, Steyne Park, 18 Footers Club and Double Bay Village, entertainment and shops.
The land area of 823 square metres and R3 Zoning under Woollahra Council LEP 2014 provide a multitude of options including redevelopment, refurbishment and extension of the existing building, a long term blue chip investment block of flats or conversion to a grand single residence all (S.T.C.A).
All the apartments are in good condition with the ideal sunny north east aspects, outdoor areas and parking. The potential gross annual income is $250,000.00 approximately.
A once in a lifetime opportunity to secure this prime harbour side property which offers assured long term capital appreciation in one of the Eastern Suburbs most sought after locations.