Stanton Hillier Parker is pleased to present to market for sale this boutique development gem in Sydney’s prestigious Lower North Shore, via Expressions of Interest closing at 4:00pm Tuesday 5th December 2023.
51-57 Penshurst Street is most likely the last remaining parcel of vacant land in Willoughby adjacent to Willoughby Girls High School and Public School, offering developers a bite-sized development opportunity to tap into one of Sydney’s most strong markets.
Willoughby is one of the most desirable residential suburbs in Sydney due to its excellent schools, strong community, abundant amenities, leafy and green settings, historical charm and proximity to the City.
The site is perfectly positioned in Penshurst Street's retail precinct as well as providing a mere 14-min bus ride to Sydney CBD with bus stop at its doorstep.
Key site features:
• Land area – 931 sqm*
• Zoning - R3 Medium Density Residential
• FSR – 2.1:1
• Height Limit – 12 m
• Frontage – 25 m* to dual streets
• Flat site on four titles
• Square regular shape
• Close proximity to Chatswood Shopping Centres, Quadrangle Shopping Village, Chatswood Train and Metro Stations.
The site offers a wide spectrum of permissible uses, such as attached dwellings, boarding houses, centre-based childcare facilities, community facilities, group homes, multi dwelling housing, neighbourhood shops, residential flat buildings, seniors housing, and more.
Please contact the exclusive selling agents for more information:
Eric Yao, 0425 530 889
Bill Kalimnios, 0402 596 488
Eugene Evgenikos, 0427 778 899.
*Approximately
