Massive frontage of over 24 metres to Falcon Street, with driveway access. Land Area approximately 220 sqm, Currently on an expired lease for approximately $50,000 per year.
The property is located 140 metres from Neutral Bay's Major Bus interchange with frequent services to St Leonards, Chatswood, North Sydney, Sydney CBD, Northern Beaches B-Line. The property is surrounded by cafes, restaurants, and supermarkets.
Only two sets of traffic lights to Sydney's CBD.
This unique property offers flexibility and excellent exposure in a prime Lower North Shore location. Key highlights include:
• Excellent Road exposure with 42,276 average daily passing cars (2018)
• Potential future development upside; North Sydney Council is currently undertaking a Falcon & Military Road Corridor Planning Study to investigate the potential for increased density in the precinct