‘The Hill’ is an astounding and rare blue chip property which offers the potential to secure a piece of development opportunity in one of the most enviable and tightly-held real estate locations in Sydney.
Comprising of three individual Art Deco apartment complexes, and an additional block of land to potentially develop another brand new apartment complex (STCA) 2 & 4 Loftus Road and 38b Mona Road Darling Point. ‘The Hill’ is of grand proportions with substantial commercial vitality now and in the future.
Boasting an expansive site area of 2,385sqm with an FSR of .9:1, and a height limit of 10.5 meters with 180 degree views of Sydney Harbour, The Harbour Bridge and the city skyline provide a quintessentially Sydney backdrop to an incomparable harbourside location. This is a trifecta of Art Deco architecture, adorned with the sharp geometric and angular contours separated by curved ornamental outlines synonymous with the style. Sleek white rendered exteriors and distinctive facades give each building unmistakable charm, history and character. Positioned a few minutes’ stroll to Rushcutters Bay Park, the iconic Cruising Yacht Club and Edgecliff Station, this beautiful opportunity boasts easy access to both McKell Park and the Central Business District.
BURFORD HOUSE – 38B MONA ROAD
Perched atop the stunning locale is Burford House at 38B Mona Road, comprising three spacious apartments each enriched by terraced gardens and iconic views. The property offers access to the adjoining land primed for redevelopment (STCA).
THE CROWS NEST – 2 LOFTUS ROAD
The second largest lot, houses four renovated three-bedroom garden apartments with house-like proportions and three meter ceilings.
ST MARTIN’S – 4 LOFTUS ROAD
A stone’s throw from the waterfront is the smaller lot comprising five recently renovated two-bed apartments. This conglomerate of properties in one of Sydney Harbour’s most tightly held suburbs is a rare opportunity.
Ray White Double Bay is now accepting Expressions of Interest, closing Wednesday, 6th April 2022 at 3:00pm.