Ray White Commercial Sydney North as exclusive selling agent is pleased to present 114 Alexander Street, Crows Nest for sale via Expression of Interest.

This two-storey, mixed-use commercial premises with 2 secure car spaces is located within one of Sydney's most sought after commercial hubs, and represents a rare opportunity to secure a raw, income producing asset with significant development potential (STCA) in one of the Lower North Shore's most convenient locations.

The land is zoned B4 - Mixed Use and benefits from no applicable Floor Space Ratio and a 13-metre height limit, which allows for a total of 4 storeys.

With approximately 7.18 metres* of frontage to Alexander Street, an additional 7.18 metres* to Willoughby Lane, and a depth of 36.5 metres*, the property is set on a total land area of approximately 262 sqm*, with 402 sqm* of Net Lettable Area.

The property is not located in a Conservation Area, nor is it affected by any heritage overlays.

Features of the property:

• Current passing net income of $135,487 per annum*
• 2 storey mixed use income producing asset
• Approx. 262 sqm of land area*
• Approx. 402 sqm of NLA*
• Flexible B4 - Mixed Use zoning
• 13 metre height limit
• Highly convenient Lower North Shore location
• Only 3 sets of traffic lights to Sydney's CBD - travel time by car is generally approx. 7 minutes.

*all figures are approximate

The site is being sold via Expressions of Interest, closing 5pm Thursday 3rd March 2022.

Inspections are strictly by appointment only. Should you wish to discuss this site further, please do not hesitate to contact us on the details provided below:

TIM ABBOTT
Director
Ray White Projects Lower North Shore
M: 0425 285 833
Ph: 02 9969 1500
E: tim.abbott@raywhite.com

SCOTT STEPHENS
Director
Ray White Commercial Sydney North
M: 0409 960 006
Ph: 02 9969 1500
E: scott.stephens@raywhite.com

DAVID TOCKAR
Site Sales Executive
Ray White Lower North Shore
M: 0402 021 638
Ph: 02 9969 1500
E: david.tockar@raywhite.com