Colliers are pleased to exclusively present this prized mixed use development site with DA approval for 18 generously-proportioned luxury residences, basement parking for 18+ cars, 2 super prime retail suites and a common rooftop/BBQ area.
The approved scheme offers superior design efficiencies, with the favourable unit mix catering to the local demographic.
Key Highlights:
+ 2,180 sqm* total approved Net Saleable Area
+ 762 sqm* corner site with rear lane access
+ Picturesque Sydney Harbour & Middle Harbour views
+ Genuine scope for Purchaser to submit a Modification seeking approval to build an additional storey (~450 sqm of NSA) in line with the State Government’s Draft Exhibition plans to increase the height limit from 16m to 21m (STCA)
+ Phenomenal ~45m frontage
+ Ideal short term holding income / WALE
+ Surrounded by an abundance of public transport links, retail, medical and lifestyle amenity
+ Strong future development pre-sales underpinned by a chronic undersupply of luxury apartments on the Lower North Shore
For further information and/or to arrange a private inspection, please contact the exclusive listing agents.
*Approx.
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