450 New South Head Road, Double Bay, NSW 2028

An incredible opportunity right in the heart of the village, this classic Art Deco building has been part of the Double Bay village streetscape since the 1930s and is offered for sale with a controlling stake available and ready for a new chapter. A prime brick and mortars asset, it's the potential here that will really grab your attention with the NSW Government's new planning reforms allowing up to six-storey residential developments within 400m of town centres (FSR 2.2:1) STCA. Featuring wide rear access to Cross Lane (off Cross Street) and double garaging, all apartments feature spacious two-bedroom layouts with no common walls ensuring a strong and steady income stream during the DA process. Explore the wealth of opportunity with potential to retain as a blue-chip investment, revamp the existing building or develop the dual-access site capitalising on its exclusive harbourside setting and R3 zoning (STCA). With the celebrated harbour playground at the doorstep, 500m to the Double Bay Beach and Redleaf Pool there's exceptional capital growth potential here.

-	World-class shopping/dining destination 
-	Substantial 3-storey Art Deco block 
-	Controlling Stake Available For Sale
-	2 per level and a whole-floor apartment
-	Semi-like layouts, no common walls 
-	Elegant proportions, renovated interiors
-	Original period details, ornate ceilings
-	Rear access via Cross Lane off Cross St
-	2 lock-up garages (access via Cross Lane)
-	Footsteps to village life, 650m to the ferry
-	Walk to celebrated waterfront restaurants
-	New reforms in place, massive future upside
-	Potential for a six-storey building (STCA)
-	Steady income during the DA process 
-	Total gross weekly yield $4,500 approx 
-	200m to Woolworths and Kiaora Lane 
-	450m to Margaret, Matteo and Songbird