5 Bay View Street, Lavender Bay
Commercial Sale $16,500,000
WATERFRONT APARTMENT BUILDING – OUTSTANDING REDEVELOPMENT OPPORTUNITY
Located in one of the most enviable positions on Sydney Harbour, this property has the potential to be transformed into a grand single residence or 3-4 luxury penthouse apartments.
Currently holding a block comprising of 6 individual apartments, the property has absolute and uninterrupted Harbour and bridge views as well as views of landmarks such as Luna Park, the Opera House and the city skyline. The block also features 2 lock-up garages, a pool and a private jetty.
Inspiring north-easterly views across Lavender Bay and the Harbour
Deep water frontage of 14.5m
Land size of approximately 715sqm
Zoned R3 Medium Density Residential
Private Marina accommodating a 50ft boat
Stunning pool at the water’s edge with magnificent views
Existing building accommodates a circa 1920’s, 3 Level apartment block comprising of:
– 3 x 2 bedroom apartments
– 3 x 1 bedroom apartments
– 2 x lock up garages
This property represents a unique blue-ribbon opportunity, in a quiet and private enclave, minutes to lively Blues Point Road and only a short walk to both North Sydney and the CBD.