5 Henrietta Street, Double Bay

Prime Development or Trophy Investment Opportunity in Double Bay!

This iconic building, situated on the corner of Henrietta Street and Cooper Street in the heart of Double Bay, presents a rare investment opportunity. The property comprises 14 well-maintained apartments with parking, and occupies a substantial 776 square meter corner block.

Key Property Features:

- Land Area: 770m² (approx.)
- Building Height: Proposed 22m under LMR Housing policy (STCA)²
- Potential GFA (Gross Floor Area): Approx 1715 m2 (STCA)
- Current Use: 14 (7 x 2 bed and 7 x 1 bed) residential apartments with parking for 16 Cars
- Fully Tenanted Investment
- Strata Plan in place - Sold in one line

Location Highlights:

Perfectly positioned to Double Bay's vibrant shopping village, picturesque harbour foreshore and ferry wharf. Excellent transport links providing easy access to the CBD and beyond.

Surrounded by a mix of public parks, Sydney's most popular beaches, and first-class amenities.

The area is renowned for its high-end retail, dining, and services, further enhancing its appeal.

This exceptional property provides the perfect balance of immediate income with the potential for future development (STCA).

With a solid annual income of approximately $520,000 with a potential to increase, it offers a unique opportunity for investors to secure a prime asset in one of Sydney's most prestigious and sought-after locations. Whether you're looking to develop, hold, or both, 5 Henrietta Street presents unparalleled value.

For Sale by Expressions of Interest Closing 3pm 10th October 2025 if not sold prior