Willoughby 346 Penshurst Street

Auction AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney 9th April 2024 at 10:30am
4 cars Retail

Premier Commercial Shop & Residence in High Profile Location

Shead Property are delighted to offer for sale by way of public auction this stand out property at 346 Penshurst Street, Willoughby.

Located on one of the busiest main arteries of Willoughby, this fully leased freehold shop & residence offers an excellent opportunity with high exposure on the premier Penshurst Street retail strip.

The property is part of the new Local Centre E 1 zoning under Willoughby LEP 2012 which allows for a maximum height of 14m / 20m with a FSR of 2.8:1. Council's objectives with this new zoning is to enable residential development that contributes to a vibrant and active local centre and is consistent with the Council's strategic planning for residential development in the area.

Close to CBD Chatswood and all local amenities, this property offers convenience with rear access, on site parking for 4 cars, bus stops close by and high exposure allowing for great signage opportunity.

Key features:
Freehold title Fully leasedShop & residenceOnsite parking for 4 cars Development upside – Zoning E 1 Local Centre High Profile locationLand area size 208.7sqm
For sale by Public Auction
10:30am, Tuesday 09 April 2024
Auction Works, Mezzanine Level,
50 Margaret Street, Sydney

For further information please contact:

Bill Geroulis
0413 100 200 | bill@shead.com.au

Rick Sombroek
0412 280 181 | rick@shead.com.au

Ivor Zhou
0430 248 867 | i.zhou@shead.com.au

Disclaimer: All data is provided for information purposes only and while all care is taken in its presentation, Shead Property does not guarantee or warrant the accuracy, completeness or currency of the information

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