CBRE, as the exclusive sales agent is pleased to present to the market, 89 Kurraba Road, Kurraba Point, a generational development site situated on one of Sydney's most prestigious peninsulas. The existing improvements comprise five townhouses which are perched on a 791sqm* parcel of R4 High Density Residential zoned land and provide a strong holding income.
89 Kurraba Road, Kurraba Point benefits from the following key attributes
- Development opportunity for a boutique luxury residential development site (STCA)
- Flexible R4 High Density Residential Zoning
- Substantial 791sqm* land offering
- 12m height limit
- Holding income provided via 5 well appointed townhouses with a mix of 4 x 2-bedroom and 1 x 3-bedroom
- Dual street frontage to Kurraba Road & Wallaringa Avenue
- Perched on an elevated position enjoying views of Sydney CBD, Sydney Harbour and the Sydney Harbour Bridge
- Highly sought-after and exclusive suburb in Sydney's Lower North Shore
- Lifestyle location benefiting from popular bay walks, desirable parks, boutique cafes and only 4km* from Sydney CBD
- Short 1* minute walk to bus stops and 5* minute walk to Kurraba Point Wharf
- Poised to capitalise on Sydney's residential dwelling shortage and rapidly growing rental market