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Property Type

Development

Outgoings
  • Council Rates $987 per qtr
  • Water Rates $195 per qtr
Features
  • Air Conditioning
  • Alarm System
  • Entertainment Area
  • Secure Parking
  • Swimming/Lap Pool
  • Car Parking - Basement
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Pool
  • Security System
LMR Zoned Double Bay Site in Prime Village Location
An outstanding opportunity presents itself with this flexible-use property in the heart of Double Bay. Currently zoned R3 and located in the recent LMR uplift area, the existing two-level home can easily be reimagined for a variety of commercial purposes (STCA). Previously used as a combined medical practice and residence, the property is ideal for professionals, medical practitioners, childcare centre operators or investors looking to capitalise on Double Bay's prime location and high foot traffic. The property also has the ability to be re-developed with DA approval for an MHNDU Architects-designed building, offering plans for two expansive whole-floor 3 bedroom residences and two elegant two-bedroom apartments, plus garaging with 6 car parking.

Positioned on a prime corner with dual street frontage, this site provides excellent visibility and accessibility for commercial ventures. Surrounded by Double Bay's vibrant village, restaurants, waterfront parks, and transport, the property offers a unique opportunity to establish a business in one of Sydney's most desirable locations.

Property Features:

+ Zoned R3 with potential for flexible commercial use STCA
+ LMR Zone - Subject to 2.2:1 FSR and 22m Height limit
+ Existing two-level layout offering 5 bedrooms, 4 bathrooms, and dual living spaces, ideal for reconfiguration
+ Prime corner position with dual street frontage, c.487 sqm of land
+ Rear entertaining area with pool and a self-contained apartment with private entrance
+ Secure parking for four cars, ducted air-conditioning, and CCTV security
+ DA Approved for a boutique 3-level apartment building + basement parking, designed by MHNDU Architects
+ Plans include 2 whole-floor 3-bedroom residences, 2 two-bedroom apartments, and lift access from basement with 6-car garaging
+ Positioned in the heart of Double Bay, surrounded by restaurants, shops, boutiques and transport links

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