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A rare opportunity to secure a solid brick block of eight generous 2-bedroom units, each with its own balcony and lock-up garage. All units are currently leased, providing immediate rental income, with scope to add tremendous value through renovation or redevelopment (STCA). Perfectly positioned in a leafy Chatswood street, this property is just a short stroll to Chatswood Interchange, Westfield, cafes, restaurants, and is zoned for Chatswood High and Public Schools. Whether you're an investor seeking strong returns or a developer looking for your next project, this is an opportunity not to be missed.
Development Highlights;
- 1,022 sqm of land
Current site: Willoughby Local Environmental Plan 2012
• Zoned R3 Medium Density Residential under Willoughby Council
• Prescribed FSR of 0.7:1 (permissible GFA of 715 m2).
• Prescribed building height limit of 9 metres.
With SEPP changes (development approvals)
Low-Mid High Rise changes: Outer Area (400–800m):
• Height Limit: Up to 17.5m, provided the building has 4 storeys or fewer.
• Floor Space Ratio (FSR): Maximum 1.5:1.
Subject to approvals
Expressions of Interest- Close 17th November 2025 @ 4pm
For more information and the information memorandum please contact Anthony Somlai on 0401 848 494, [email protected]
All information contained herein is gathered from sources we deem to be reliable however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Remember to mention you found this property on DevelopmentReady
A rare opportunity to secure a solid brick block of eight generous 2-bedroom units, each with its own balcony and lock-up garage. All units are currently leased, providing immediate rental income, with scope to add tremendous value through renovation or redevelopment (STCA). Perfectly positioned in a leafy Chatswood street, this property is just a short stroll to Chatswood Interchange, Westfield, cafes, restaurants, and is zoned for Chatswood High and Public Schools. Whether you're an investor seeking strong returns or a developer looking for your next project, this is an opportunity not to be missed.
Development Highlights;
- 1,022 sqm of land
Current site: Willoughby Local Environmental Plan 2012
• Zoned R3 Medium Density Residential under Willoughby Council
• Prescribed FSR of 0.7:1 (permissible GFA of 715 m2).
• Prescribed building height limit of 9 metres.
With SEPP changes (development approvals)
Low-Mid High Rise changes: Outer Area (400–800m):
• Height Limit: Up to 17.5m, provided the building has 4 storeys or fewer.
• Floor Space Ratio (FSR): Maximum 1.5:1.
Subject to approvals
Expressions of Interest- Close 17th November 2025 @ 4pm
For more information and the information memorandum please contact Anthony Somlai on 0401 848 494, [email protected]
All information contained herein is gathered from sources we deem to be reliable however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Remember to mention you found this property on DevelopmentReady
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