Exceptional Development Opportunity, 626sqm (Approx) Dual-Access Block By Village Hub

Enjoying an exclusive, leafy setting just a level walk to Rose Bay's vibrant village, this 626sqm (approx) level parcel of land presents an outstanding opportunity for redevelopment. It benefits from an LMR uplift to 1,377sqm, with potential to build six storeys high (STCA). Offering convenient rear access from Spencer Lane, the L-shaped block is home to an original freestanding four-bedroom bungalow. There's abundant scope to create a luxurious boutique development, capitalising on the high demand for low-maintenance prestige residences in the area. Stroll around the corner to Harris Farm and the cafes along Old South Head Road or take a short walk to Rose Bay's harbourside hub, home to great restaurants, supermarkets and specialty stores. Enjoy morning walks along the bay, highly regarded public and private schools close by and easy transport options.

- R3 Medium Density Residential
- Level 626sqm (approx) block with untapped potential
- Existing home encompassing four bedrooms
- Stately formal lounge and dining space
- Functional open-plan kitchen and meals area
- Rear sunroom overlooking the garden
- Two functional bathrooms, main with a bath
- Large laundry, high ceilings
- Expansive, private grassed garden with shed
- 4-car garage with rear access from Spencer Lane
- Intense demand for luxury boutique residences
- 200m to Harris Farm, 300m to Bake Bar
- 225m to Village Hub on New South Head Road
- 500m to Rose Bay Beach
- 350m to Rose Bay Public School
- 200m to buses on Old South Head Road
- 1.4km to Rose Bay ferry wharf