THE PROPERTY DEVELOPMENT REVIEW
For Sale 1 Bilambee Lane, Bilgola Plateau DA Approved Luxury Development Site in Exclusive Se ing
The Northern Beaches is forever transforming and evolving including; the new Northern Beaches hospital, Mona Vale Road upgrades, B-Line rapid transit system, major changes to Newport and Avalon and the proposed Northern Beaches tunnel. • Land size: 930m 2 • DA approved for 7 residential apartments and 2 retail lots
This outstanding DA approved development site of 930m 2 is situated in the leafy suburb of Bilgola Plateau. The DA approval consists of 7 large residential apartments with a mix of 2 and 3 bedrooms and 2 well-proportioned retail spaces. This asset provides astute developers and investors an amazing opportunity to purchase, develop and either rent and hold or on-sell the apartments to cater for the shortage of similar stock in the nearby area. The site is well located within close proximity to Avalon and Newport town centres, nearby public transport, a number of pristine beaches and the beautiful shores of Pittwater catering for the ultimate convenience the local population is after. Combined with a lack of development in the region has ensured that the Northern Beaches is a blue chip location for any development opportunity.
• Site boasts an excellent corner position • Tightly held residential suburb with limited development opportunities
• Well designed apartments with 4 x 2 beds and 3 x 3 beds • Strong population and demographic trends for the region • Convenient position being close to the city, all local amenity and pristine beaches • Excellent asset for your development pipeline with exponential price growth in the local real estate market • Unique asset in key Northern Beaches location
Expressions of Interest closing Wednesday 5th October 2022 at 1.00pm AEST.
Agents : Vincent West 0403 444 000 Peter Mosedale 0408 177 207 Oliver Rosati 0428 877 888
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September / October 2022 – 61
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