This impressive 1,752 sqm block with an extra-wide frontage has existing DA approval for subdivision into two separate titles presenting a rare opportunity to develop two luxury residences.
Elegantly designed and superbly positioned, the existing expansive 6-bedroom full-brick family home is highly livable and leasable. Schools are the big drawcard here. It is just a 5-minute level walk to St Ives North Public School and within easy reach of Sydney Grammar, St Ives High School, Brigidine College, Masada College and St Ives High School. Easy access to bus-to-rail and express city bus means convenient access to the North Shore?s prestigious private schools and business centres also.
Key Features:
DA Approved Subdivision: Two generous lots perfect for two premium family homes
Ideal Orientation & Frontage: Positioned on Toolang Road, the subdivided lots feature north-facing rear yards, perfect for creating sunlit, luxurious homes.
Prime School Zone: Easy access to St Ives North Public, Sydney Grammar, St Ives High School, and other top-tier educational institutions.
Investment Returns: The existing home boasts an approximate rental yield of $2,000 per week, ensuring stable investment income while planning future developments.
Spacious & Functional Residence: The three-story, 6-bedroom brick home provides ample parking and a comfortable living environment, all within a short distance of key amenities.
This is a unique opportunity to capitalise on an approved subdivision in one of St Ives? most desirable locations.
Contact:
Rob Warnes 0405 341 361
Julie Warnes 0405 341 361
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy. However, we cannot guarantee it. All interested parties should make & rely upon their own enquiries.