40 Spofforth Street CREMORNE

CREMORNE | BLOCK OF 30 UNITS BEING SOLD IN ONE LINE

Khoury and Partners are delighted to market for sale 40 Spofforth Street, Cremorne.

Only 6 kilometres Northeast of the Sydney CBD, with the convenience of neighbourhood shops directly across the road and a short stroll to the waters edge and ferry wharf, 40 Spofforth Street, Cremorne, oozes lifestyle!

Key features include –

– Block of 30 units being sold in one line
– Fully occupied with substantial rental upside due to a shortage
of rental stock in the local area and NSW
– 24 x 1 bed, 6 x 2 bed
– Oversized land holding of 2,088sqm approx.
– Rare 38m approx. frontage to Spofforth Street
– Rear access via Spofforth Lane
– Currently zoned R3 medium density
– Abundance of car parking on site both under cover and outdoor
– A number of units recently renovated with air conditioning
– Some units feature terrace balconies and views to the ocean
– Prestigious area offering lifestyle
– Leased investment, strata conversion or redevelopment STCA*

Being sold via expressions of interest closing 4pm Friday 25 November 2022

For more information or to inspect, please don’t hesitate to contact the exclusive selling agents.

*Subject to council approval

Property Type

Development

Overview

Type
Development
Contract
Sold
Building Size
2,277 sqm
Land Size
2,088 sqm
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Anthony Khoury

Managing Director