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A rare, blue-chip amalgamation in one of Sydney's most prestigious eastern suburbs.
Comprising five adjoining titles totalling 2,583.4sqm, this level landholding sits just 350 metres from Rose Bay Village and moments from the harbour foreshore, elite schools, cafés and Rose Bay Marina.
The site benefits from R3 Medium Density Residential zoning and is eligible under the NSW Low & Mid Rise Housing (SEPP) reforms - presenting substantial uplift potential for a premium multi-residential or boutique mixed-use scheme, subject to approvals.
SITE
• Strategic landholding: Five contiguous properties – 15, 17, 19, 21 & 23 Spencer Street.
• Total site area: 2,583.4sqm (approx.)
• Zoning: R3 Medium Density Residential (Woollahra LEP)
• Frontage: 47m (approx.)
• Permissible FSR: 2.2:1 (standard) | up to 2.86:1 with 30% Infill Affordable Housing bonus
• Permissible height: 22m | up to 28.6m with bonus
• Potential GFA: approx. 5,683 – 7,388sqm*
• Flat topography & wide frontage for design efficiency and cost-effective construction
• Strong market precedent for luxury residential outcomes across nearby LMR sites
• Potential harbour and district view corridors
• Heritage note: 23 Spencer Street reviewed by heritage consultants with favourable findings (available upon request)
LOCATION
This prestige locale continues to attract strong owner-occupier and downsizer demand, underpinning premium apartment values and making it one of Sydney's most resilient and tightly held residential pockets enjoying close proximity to the harbour and amenities;
• Rose Bay Village 350m walk
• Catalina Restaurant, marina & harbour walks
• Royal Sydney Golf Club & Woollahra Golf Course
• Top-performing schools – Kambala School, Kincoppal Rose Bay, Cranbrook School, McAuley Catholic Primary School, The Scots College, & Rose Bay Public School catchment area
• Public transport links to Bondi Junction and the CBD
Remember to mention you found this property on DevelopmentReady
A rare, blue-chip amalgamation in one of Sydney's most prestigious eastern suburbs.
Comprising five adjoining titles totalling 2,583.4sqm, this level landholding sits just 350 metres from Rose Bay Village and moments from the harbour foreshore, elite schools, cafés and Rose Bay Marina.
The site benefits from R3 Medium Density Residential zoning and is eligible under the NSW Low & Mid Rise Housing (SEPP) reforms - presenting substantial uplift potential for a premium multi-residential or boutique mixed-use scheme, subject to approvals.
SITE
• Strategic landholding: Five contiguous properties – 15, 17, 19, 21 & 23 Spencer Street.
• Total site area: 2,583.4sqm (approx.)
• Zoning: R3 Medium Density Residential (Woollahra LEP)
• Frontage: 47m (approx.)
• Permissible FSR: 2.2:1 (standard) | up to 2.86:1 with 30% Infill Affordable Housing bonus
• Permissible height: 22m | up to 28.6m with bonus
• Potential GFA: approx. 5,683 – 7,388sqm*
• Flat topography & wide frontage for design efficiency and cost-effective construction
• Strong market precedent for luxury residential outcomes across nearby LMR sites
• Potential harbour and district view corridors
• Heritage note: 23 Spencer Street reviewed by heritage consultants with favourable findings (available upon request)
LOCATION
This prestige locale continues to attract strong owner-occupier and downsizer demand, underpinning premium apartment values and making it one of Sydney's most resilient and tightly held residential pockets enjoying close proximity to the harbour and amenities;
• Rose Bay Village 350m walk
• Catalina Restaurant, marina & harbour walks
• Royal Sydney Golf Club & Woollahra Golf Course
• Top-performing schools – Kambala School, Kincoppal Rose Bay, Cranbrook School, McAuley Catholic Primary School, The Scots College, & Rose Bay Public School catchment area
• Public transport links to Bondi Junction and the CBD
Remember to mention you found this property on DevelopmentReady
