The strata shop at 112-114 Victoria Street, Potts Point is to be sold with Vacant Possession together with a ground floor strata unit (Lot 1) located at the rear of 112 Victoria Street and a single garage (Lot 6).

These three properties are to be offered IN ONE LINE, at auction on 11th March 2010.

Together they comprise Lots 1, 4 and 6 in S.P 16138 known as 112 Victoria Street, Potts Point.

As the shop premises straddles two strata plans at the front of 112 and 114 Victoria Street, the sale also includes Lots 6 & 7 in S.P 16137 known as 114 Victoria Street which is the right-hand side of the shop premises.

The opportunity also exists for investors and developers to purchase the entire strata plan no. 16138, (112 Victoria Street) as the other remaining lots have been listed for Private Treaty sale.

These include:

Lot 2 – A 2 bedroom strata unit of 60m2 on level 2, directly above the left-hand-side of the shop premises.

Lots 3 & 5 – A 2 bedroom strata unit of 65m2 on level 3, being the top floor unit, above Lot 2. It also includes Lot 5, being a garage with rear lane access.

The site of S.P 16138 is approximately 183 square metres in area and zoned Residential 2B.

It has rear lane access to the two garages.

Access to the two apartments on level 2 and level 3 is provided through the separate security entrance and common property staircase located to the left of the shop premises.

The re-development potential of the Strata Plan 16138 is enhanced by the flexibility of the zoning, particularly in relation to the range of uses for the existing shop premises.