42-44 Queen Street, Woollahra
BLUE CHIP OPPORTUNITY. DA APPROVED RE-DEVELOPMENT. LAND 408 SQM
Whether you are an investor, developer or retailer, the chance to purchase a "trophy" property such as this is extremely RARE. Situated in the heart of the hottest retail/residential strip in Sydney, and presently leased to prime retailer "Robert Burton", the current configuration includes double retail premises, two x 1 bedroom self-contained apartments, a huge courtyard and parking. Current Woollahra Council Development Approval (2008) for 200sqm retail, 100sqm first floor commercial, 254sqm 2-level, north-facing penthouse apartment and parking for 5 cars. Wow! The possibilities are endless.
In Woollahra's finest retail precinctCurrent DA Approval for 3 levelsFor mixed retail/commercial/residential useLeased to prime retailer to 20116 months demolition/redevelopment clauseParking for 5 carsSuit a variety of purchasersRare opportunity in outstanding location
Council Rates: $1,060.99pq
Water Rates: $455.13pq
Property Information
- Land area approx 408sqm
- Floor area approx 408sqm
Woollahra
Cosmopolitan, refined and charming, Woollahra is 4km east of the CBD. Considered the grown up version of its neighbour Paddington, Woollahra's leafy avenues are lined with a variety of properties.
Some enclaves are dominated by ornate turn-of-the-century homes, others by elegant terraces and historic sandstone cottages, others by Art Deco apartments and some by discrete stately homes secluded by private gardens.
One of its main thoroughfares, Ocean Street, is known as Sydney's 'Consulate Belt', where donsulates reside in grand traditional mansions. Woollahra retains a vibrant village atmosphere based around coffee, dining and perusal of its interesting and exclusive shops.
Woollahra village, as it's known, comprises the area around the junction of Queen and Moncur Streets, which is home to renowned eateries such as Luxe and Bistro Moncur, the gourmet attractions of Simon Johnson, and salubrious boutiques.
Charming pubs are dotted around the suburb, favourites being the quintessentially English Lord Dudley, The Woollahra Hotel, The Centennial and the young and trendy Light Brigade on Oxford Street. The lush expanse of Centennial Park borders Woollahra to the south.
Suburb Features
Education
- Ascham School
- Moriah College
- Reddam House High School (Years 7-9)
- Sydney Grammar Edgecliff Preparatory School
- Woollahra Public School
Recreation
- Centennial Parklands
- Harbourview Park
- Moncur Reserve
- Pat Thompson Park
- SCG & Moore Park
- Trumper Park
Restaurants
- Bellevue Hotel
- Big Mama's Trattoria
- Bistro Moncur
- Cafe Nino
- Centennial Hotel
- Chiswick Restaurant
- Pizza Moncur
- The Wine Library
