A premium dual-title residential development opportunity in one of Sydney’s most tightly held and prestigious Lower North Shore suburbs.
Comprising a combined site area of 1,242 sqm*, the properties benefit from Low & Medium Rise Housing Policy (LMR) uplift potential, being located within 400 metres of Mosman Town Centre.
The site is ideally positioned to deliver a boutique apartment or multi-dwelling development of up to 22 metres in height (6 storeys) and 2.2:1 FSR, or with the incorporation of affordable housing, up to 28 metres (8 storeys) subject to planning approval.
Perfectly situated between Mosman Village and Balmoral Beach, the site combines lifestyle, connectivity, and development potential in one of Sydney’s most affluent and sought-after residential precincts.
We note that 38 Awaba Street is offered as a deceased estate.
For Sale via Expressions of Interest (EOI) closing 4:00pm (AEST), Wednesday, 3rd December 2025.
For further information or to arrange an inspection of this exciting opportunity, please contact the agents below.
*approx. ^ subject to amalgamation and council approval to apply FSR 2.2:1 across the whole site.
Remember to mention you found this property on DevelopmentReady
A premium dual-title residential development opportunity in one of Sydney’s most tightly held and prestigious Lower North Shore suburbs.
Comprising a combined site area of 1,242 sqm*, the properties benefit from Low & Medium Rise Housing Policy (LMR) uplift potential, being located within 400 metres of Mosman Town Centre.
The site is ideally positioned to deliver a boutique apartment or multi-dwelling development of up to 22 metres in height (6 storeys) and 2.2:1 FSR, or with the incorporation of affordable housing, up to 28 metres (8 storeys) subject to planning approval.
Perfectly situated between Mosman Village and Balmoral Beach, the site combines lifestyle, connectivity, and development potential in one of Sydney’s most affluent and sought-after residential precincts.
We note that 38 Awaba Street is offered as a deceased estate.
For Sale via Expressions of Interest (EOI) closing 4:00pm (AEST), Wednesday, 3rd December 2025.
For further information or to arrange an inspection of this exciting opportunity, please contact the agents below.
*approx. ^ subject to amalgamation and council approval to apply FSR 2.2:1 across the whole site.
Remember to mention you found this property on DevelopmentReady