874 Pittwater Road, Dee Why, NSW 2099

Investment | Development/Land | Offices | Retail

Sold $9,000,000

  • Property ID: 284213
  • Floor Area: 741m²
  • Land Area: 506m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 23/06/2018 741m2 506m2 $9,500,000
Sold N/A 741m2 506m2 N/A
DEE WHY'S MOST PROMINENT CORNER! HUGE INVESTMENT & DEVELOPMENT OPP!

| Land area: 505sqm
| Net lettable area: 741sqm
| Gross income: $452,000 PA (fully tenanted)
| 7 tenancies, 5 shops + 2 suites
| 24m height allowances
| Frontage 17m on Pittwater Rd & 36m on Oaks Ave
| Prominent free-standing building with significant development opp!
| Corner position frontages on Pittwater Road & Oaks Avenue
| High passing vehicle & pedestrian traffic
| Major bus routes to & from the city - at your doorstep!!

*Residential development potential*

| Zoning: B4 Mixed Use
| Subject site is located next to "TALLEST TOWERS IN DEE WHY RISING 17 STOREY'S"
| 30 - 35 apartment's yield + retail
| Unit sale rates $12,500 – 15,000 price per sqm

*Commercial development potential*

| 7 storey commercial tower
| GFA 3,150 sqm approx
| Retail sale rate $11,000 – 14,000 price per sqm
| Office sale rates $6,000 – $7,000 price per sqm
| ** ALL ABOVE QUOTES ARE SUBJECT TO COUNCIL APPROVAL**

Dee Why Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $8305 $415 5.00%
Retail --- $580 ---
Industrial $6875 --- ---
This is the average advertised price, rent and yield for Dee Why, NSW 2099*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 874 Pittwater Road, Dee Why, NSW 2099. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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