384 New South Head Road, Double Bay

1. Rare Blue Chip Land Holding – Located in the heart of Double Bay Village, one of Sydney's most iconic dining, shopping and luxury precincts
2. Previous DA Approval for Commercial Development – DA 243/2020 was approved in March 2021 for demolition and construction of a new four-storey commercial building with 882.2 sqm GFA. Approval lapsed March 2026.
3. Significant Development Potential – Favourable E1 Local Centre zoning with 2.5:1 FSR allowing for 900 sqm potential maximum GFA, well above the existing NLA of 412.5 sqm
4. Strong Rental Reversion Potential – Current passing income of $867 per sqm p.a. sits well below market rates providing opportunity for substantial rental uplift
5. Landmark Corner Position – Located on the corner of Knox Street and New South Head Road with 20 metres of frontage, gaining massive exposure to thousands of passing cars daily
6. Dual Access Points – Front access via New South Head Road and convenient rear lane access via Knox Lane
7. Ultimate Flexibility – Current tenancy lease expires November 2026, providing incoming buyers flexibility to redevelop, occupy or re-lease.
8. Highly Accessible Location – Short walk to Double Bay Ferry Wharf (240m) and Edgecliff Train Station (750m) providing superb accessibility to Sydney CBD and surrounding area
9. Established Retail and Shopping Precinct – Surrounded by luxury shopping, dining, cafes, and iconic venues including The Golden Sheaf, Royal Oak Hotel, Indigo, and Margaret

The property is being offered for sale by way of expressions of interest closing 27th August 2026 at 4pm AEDT.

All enquiries, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.