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The development site offers 3 amalgamated lots on 1,666 sqm of level land with R4 High Density zoning in a prime corner position with proximity to Sutherland town centre and offering uninterrupted national park views to the rear.
Benefiting from the recently adopted Low- and Mid-Rise Housing controls, the site has potential to achieve an FSR of 2.2:1 over 6-storey buildings within a 22m height limit and further potential to unlock additional height and floor area through the Infill Affordable Housing Bonus, making it an attractive opportunity for residential development.
•Substantial site area of 1,666sqm approx. with corner access on Belmont Street
•Potential 2.86:1 FSR - (LMR+30% AH BONUS - SEPP) allowing max GFA 4,733sqm approx.
•High Density R4 Zoning
•Strong demand for premium residential with proven pre-sale success in the area
•Minutes’ walk to Sutherland town centre with boutique shops, cafés, and transport links
546-550 President Avenue Sutherland is being offered for sale via Expressions of Interest, closing 3:00pm, Thursday 18th September 2025.
*Approximately
STCA - Subject to Council Approval
For further details, to confirm your inspection time or for access to the contract for sale and other due diligence information, please call or email the exclusive agents listed.
Remember to mention you found this property on DevelopmentReady
The development site offers 3 amalgamated lots on 1,666 sqm of level land with R4 High Density zoning in a prime corner position with proximity to Sutherland town centre and offering uninterrupted national park views to the rear.
Benefiting from the recently adopted Low- and Mid-Rise Housing controls, the site has potential to achieve an FSR of 2.2:1 over 6-storey buildings within a 22m height limit and further potential to unlock additional height and floor area through the Infill Affordable Housing Bonus, making it an attractive opportunity for residential development.
•Substantial site area of 1,666sqm approx. with corner access on Belmont Street
•Potential 2.86:1 FSR - (LMR+30% AH BONUS - SEPP) allowing max GFA 4,733sqm approx.
•High Density R4 Zoning
•Strong demand for premium residential with proven pre-sale success in the area
•Minutes’ walk to Sutherland town centre with boutique shops, cafés, and transport links
546-550 President Avenue Sutherland is being offered for sale via Expressions of Interest, closing 3:00pm, Thursday 18th September 2025.
*Approximately
STCA - Subject to Council Approval
For further details, to confirm your inspection time or for access to the contract for sale and other due diligence information, please call or email the exclusive agents listed.
Remember to mention you found this property on DevelopmentReady
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