Positioned in one of the Sutherland Shire's key growth precincts, this exceptional 904.2sqm (approx.) R3 Medium Density Residential site presents a rare opportunity to secure a potential apartment development site within approximately 400 metres of the Caringbah Town Centre boundary.
Eligible for the planning controls available under the NSW Government's Low and Mid-Rise Housing Policy (S.T.C.A.), this outstanding corner site offers exciting redevelopment potential in a highly sought-after location, just moments from Caringbah Station, shops and essential amenities.
Property Highlights:
- Generous 904.2sqm (approx.) level corner site with significant redevelopment potential.
- Currently zoned R3 Medium Density Residential.
- *Potential Floor Space Ratio (FSR) of up to 2.2:1
- *Potential building height of up to 22 metres (approximately six storeys).
- Positioned within approximately 400 metres of the Caringbah Town Centre boundary.
- Potential development controls under the NSW Low and Mid-Rise Housing Policy (S.T.C.A.).
- Prominent corner site offering exceptional design flexibility and development potential (S.T.C.A.).
- Existing improvements provide potential holding income while future plans are considered.
- Walking distance to Caringbah Railway Station, shopping precinct, cafés and restaurants.
- Convenient access to schools, medical facilities and major transport links.
- A rare opportunity to secure a medium-sized development site in one of the Sutherland Shire's fastest evolving residential precincts.
- Plentiful off-street parking and unrestricted street parking.
Additional Information:
- Potential Low & Mid-Rise Housing Policy benefits apply, subject to confirmation & all relevant approvals.
- Purchasers should rely on their own enquiries & independent planning advice regarding development potential.
- Currently generating rental income with tenants occupying under a periodic lease.
Location Highlights:
- Approximately 400m to the Caringbah Town Centre boundary *
- 11-minute walk to Caringbah Railway Station.
- 3-minute drive to Caringbah Shopping Village & Woolworths.
- 4-minute drive to Sutherland Hospital and Kareena Hospital.
- 6-minute drive to Cronulla Beaches and cafes.
- Conveniently positioned close to quality public and private schools.
* Development potential, planning controls and applicable floor space ratio and height limits are subject to the NSW Low and Mid-Rise Housing Policy, Sutherland Shire Council requirements and all relevant statutory approvals. Purchasers should undertake their own due diligence and seek independent planning advice.
