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2. Property Highlights


An astute development-ready investment opportunity at the heart of Gladesville's thriving village centre. This 505.45sqm level corner block with existing freestanding Californian cottage offers a wealth of potential to fully capitalise on the R4 High Density Residential Zoning under the Ryde LEP (2014). With DA Approval for a boutique three-storey block of six designer apartments with balconies, lift and 8-car basement parking. The property also lends itself to a dual occupancy development (STCA), or explore further density possibilities on this land-locked corner position for best and highest returns. Premium potential in high-demand location with excellent transport and road links to the City, Chatswood & Macquarie Park tech precinct.

+ DA Approved plans, ready for commencement with high purchaser appeal

+ Zoned R4 High Density Residential, FSR 1:1, max building height 11.5 metres

+ Explore the options for duplex or manor house units for optimum site usage

+ Footsteps to shopping, eateries, schools and City & Parramatta express buses

+ 11km to the City with A40 & A3 major roads to Parramatta & Macquarie Park

+ Approved Apartment Breakdown:

• Ground floor: 1-bedroom 1 bathroom 1 car with courtyard

• Ground floor: 2 bedroom 2 bathroom 1 car with courtyard

• First floor: 2x 2 bedroom 2 bathroom 1 car with balcony

• Second/Top floor: 2x split level 3 bedroom 2 bathroom 2 car apartments with outdoor entertaining & expansive water views

*Information Memorandum available upon request

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4. Property Location

21 Morrison Road, Gladesville, NSW 2111

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5. Due Diligence

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