Hot contest expected for harbour-side Drummoyne compound

326, 328 & 330 Victoria Place, Drummoyne come to market.

Sydney – Colliers International has been appointed to sell a unique bundle of three properties in the harbour-side suburb of Drummoyne with price expectations above $8 million.

Colliers’ Andrew Graham, National Director, Consultancy and Nelson Dueza, Director, Residential, are marketing the assets which include a waterfront home which has not been offered for sale in over 40 years as well as two semi-detached dwellings on separate titles.

“An offering of this kind in the blue chip suburb of Drummoyne, across three separate but adjoining titles, presents a truly unique opportunity,” said Andrew Graham.

“We expect immense interest from a diverse range of people including investors, part owner-occupiers, syndicators and developers.”

The properties are found on a tranquil peninsula enclave surrounded by idyllic parkland and water views. 328 and 330 Victoria Place is a Federation c1905 semi with direct street access. 326 is a 4-bedroom and 2-bathroom property with a 449 m² land component. This property also has direct waterfront access with its own private jetty leasehold, 3 feature fireplaces, high ornate ceilings, an external studio and rear patio.

“Across three titles, one with direct waterfront access and views to Gladesville Bridge, purchasers have the possibility of up to five income streams or even combining to form one family compound,” said Nelson Dueza.

“The options available to purchasers are varied and given the spectacular location this opportunity will be highly sought after.

“Drummoyne continues to experience strong market growth as a result of a shortage of available stock and the level of local amenity including retail, transport and leisure.”

Current zoning provides for R3 Medium Density Residential, permitted with consent.

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