Neutral Bay harbourfront site sold at $6.6 million

A harbourfront residential development site in Neutral Bay has been sold for $6.6 million.
Phillip Wolanksi's Wolcar Pty Ltd sold its 813 square metre site at 117 Kurraba Road.
It sold after auction to the Norfolk Group through Sam Brewer and Aaron Hatch from JLL in conjunction with Tim Abbott and Richard Harding from LJ Hooker Mosman.
The site had approval for four apartments.
With 20 metres harbour frontage, it has an existing block of six strata title apartments which were consolidated around 2008-2009.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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