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An exciting opportunity has emerged to acquire the largest developable landholding in Narrabeen, representing a rare development opportunity within a scarce and highly sought-after area of the Northern Beaches.
Its versatile R3 zoning with additional permitted use rights offers the potential to create a straight residential or mixed-use (shoptop housing) project with a pathway to potentially achieve greater density (with the Housing SEPP height uplift bonuses).
The extensive site-specific planning work undertaken to amend the LEP and DCP has added substantial value uplift and has created a quality blank canvas opportunity with defined height and planning controls which de-risk the project allowing developers to proceed with confidence.
The Benson McCormack plan was created before the Housing SEPP density/height uplift bonuses, with cooperation from the council with key considerations like vehicle access, garbage collection, and site constraints carefully addressed.
Far from a first draft, the plan has been intentionally crafted to accommodate the existing sewer line along Pittwater Road and ensure smooth, practical access to the site-demonstrating a well-resolved, ready-to-go opportunity.
Land: 4718m2
Site specific planning controls approved
Six blocks sold in one line
Lake and ocean views
Building height: part 12m and part 11m
Five tenanted residential premises and 2 commercial premises
Mixed use project based on Benson McCormack scheme
Straight residential with 30 per cent affordable housing in fill density/height uplift bonus
Seniors living with + 15 per cent housing SEPP density/height uplift bonus
GFA from 6525 to 8464 with Affordable Housing In Fill (STCA)
Potential straight residential projects
Close to public transport and amenities
Perfectly positioned in the heart of the Northern Beaches, this property captures the relaxed coastal lifestyle and natural beauty that make Narrabeen so sought after.
Just steps from Narrabeen Lagoon, vibrant cafes, restaurants, and the B-Line bus stop (only 50m away), everything you need is right at your doorstep.
The golden sands of Narrabeen Beach and the local surf lifesaving club are just a short stroll away, with scenic walking trails nearby-ideal for outdoor lovers and nature enthusiasts.
Future residents will enjoy the ease of access to local shops and daily conveniences, along with direct B-Line connections to Mona Vale, Dee Why, Manly, and Sydney's CBD.
The EoI closes on Wednesday, June 18, at 2pm.
Call Peter Mosedale on 0408-177-207, Lachlan Yeates on 0414-660-033 or Vincent West on 0403-444-000.
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