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Positioned in a premium location just moments from Neutral Bay's retail precinct, cafes, and transport links, this site boasts existing high-density zoning, providing an immediate pathway for development. With development already prominent in Premier Street, the precedent for more quality residential apartments is appealing.
The site could be held or developed as a boutique development site in one of Sydney's most vibrant and sought-after neighbourhoods. This property sits on 645sqm of land, zoned R4 with a 20m frontage. Adding to its appeal, the property has potential for further uplift under the Low to Mid-Rise Planning Policy Reforms, boasting an FSR of 1.5:1, 17.5m in height and a GFA of 968sqm. These reforms could unlock additional development opportunities, aligning with the increasing demand for quality residences in this tightly held suburb.
13 Premier Street represents a compelling proposition for developers seeking a strategic site with both immediate and long-term potential in a high-growth, lifestyle-focused market. This property won't last long. Please contact us today for a copy of the IM or any further questions.
Remember to mention you found this property on DevelopmentReady
Positioned in a premium location just moments from Neutral Bay's retail precinct, cafes, and transport links, this site boasts existing high-density zoning, providing an immediate pathway for development. With development already prominent in Premier Street, the precedent for more quality residential apartments is appealing.
The site could be held or developed as a boutique development site in one of Sydney's most vibrant and sought-after neighbourhoods. This property sits on 645sqm of land, zoned R4 with a 20m frontage. Adding to its appeal, the property has potential for further uplift under the Low to Mid-Rise Planning Policy Reforms, boasting an FSR of 1.5:1, 17.5m in height and a GFA of 968sqm. These reforms could unlock additional development opportunities, aligning with the increasing demand for quality residences in this tightly held suburb.
13 Premier Street represents a compelling proposition for developers seeking a strategic site with both immediate and long-term potential in a high-growth, lifestyle-focused market. This property won't last long. Please contact us today for a copy of the IM or any further questions.
Remember to mention you found this property on DevelopmentReady
