2-4 Albert Street, Narrabeen, NSW 2101

Exciting opportunity to acquire the largest developable landholding in Narrabeen, representing a rare development opportunity within a scarce and highly sought after area of the Northern Beaches.  Versatile R3 zoning with additional permitted use rights offering the potential to create a straight residential or mixed-use (shop top housing) project with pathway to potentially achieve greater density (with the Housing SEPP height uplift bonuses). The extensive site-specific planning work undertaken to amend the LEP and DCP has added substantial value uplift and has created a quality blank canvas opportunity with defined height and planning controls which de-risk the project allowing developers to proceed with confidence.

The Benson McCormack plan was created before the Housing SEPP density/height uplift bonuses, with cooperation from Council with key considerations like vehicle access, garbage collection, and site constraints carefully addressed. Far from a first draft, the plan has been intentionally crafted to accommodate the existing sewer line along Pittwater Road and ensure smooth, practical access to the site-demonstrating a well-resolved, ready-to-go opportunity.
 
* Land: 4,718m2
* Site specific planning controls approved
* 6 blocks sold in 1 line
* Lake and ocean views
* Building height: part 12m and part 11m
* 5 tenanted residential premises and 2 commercial premises
* Mixed use project based on Benson McCormack scheme
* Straight residential with 30% affordable housing in fill density/height uplift bonus
* Seniors living with + 15% housing SEPP density/height uplift bonus
* Potential straight residential projects
* Close to public transport and amenities
 
Perfectly positioned in the heart of the Northern Beaches, this property captures the relaxed coastal lifestyle and natural beauty that make Narrabeen so sought after. Just steps from Narrabeen Lagoon, vibrant cafés, restaurants, and the B-Line bus stop (only 50 metres away), everything you need is right at your doorstep. The golden sands of Narrabeen Beach and the local surf lifesaving club are just a short stroll away, with scenic walking trails nearby-ideal for outdoor lovers and nature enthusiasts. Future residents will enjoy the ease of access to local shops and daily conveniences, along with direct B-Line connections to Mona Vale, Dee Why, Manly, and Sydney's CBD.

EOI closes Wednesday 18th June at 2pm.
 
Call Peter Mosedale on 0408 177 207 or Lachlan Yeates on 0414 660 033