4 - 6 MacPherson Street Cremorne, NSW 2090

Ray White Lower North Shore Projects & Developments is pleased to present 4-6 Macpherson Street, Cremorne for sale via Invitation to Purchase.

4-6 Macpherson Street represents a rare opportunity to secure a DA approved development site in one of Sydney's most desirable and convenient locations.

The site occupies approximately 627.8 sqm of land and is zoned R4 - High Density under North Sydney LEP 2013, with a maximum building height of 12m, and no applicable Floor Space Ratio. The property is not located in a Conservation Area, nor is it affected by any Heritage overlays.

The Development Approval in place (DA 229/21) is for demolition of existing structures and construction of a contemporary residential flat building with basement parking, which comprises 11 units across 4 storeys, and 11 associated basement parking spaces. Designed by Corben Architects, the proposed development is made up of 1 x 3-bed unit, 7 x 2-bed units, and 3 x 1-bed units.

The site is situated approximately 3.4 kilometres from North Sydney Train Station (6-minute drive), and approx. 6.1 kilometres from Sydney CBD (9-minute drive).

Boasting three street frontages to Macpherson Street, Parraween Street, and Langley Avenue totalling approximately 88 metres, the site is currently occupied by one 3-bedroom house and one 4-bedroom house, as well as parking for 10 cars.

Public transport is provided by way of multiple bus services including the B-line, operating along Military Road, and providing direct access to Sydney CBD, North Sydney, Chatswood, and Sydney's Northern Beaches.

Features of the property:

• 2 Torrens-titled attached dwellings sold in one line
• Approx. 627.8sqm of land
• 88 metres of street frontage to Macpherson St, Parraween St, and Langley Ave
• R4 - High Density zoning with 12m height limit
• Highly convenient Lower North Shore location

The site is being sold via invitation to purchase, closing 5pm Tuesday 25th October 2022.

Inspections are strictly by appointment only. Should you wish to discuss this site further, please do not hesitate to contact us on the details provided below:

TIM ABBOTT
Director
Ray White Projects Lower North Shore
M: 0425 285 833
Ph: 02 9969 1500
E: tim.abbott@raywhite.com

SCOTT STEPHENS
Director
Ray White Commercial Sydney North
M: 0409 960 006
Ph: 02 9969 1500
E: scott.stephens@raywhite.com

DAVID TOCKAR
Site Sales Executive
Ray White Lower North Shore
M: 0402 021 638
Ph: 02 9969 1500
E: david.tockar@raywhite.com