Rare Oceanfront Re-Development Opportunity! Currently A Block Of 4 Apartments (522sqm - R3 Zoning, 12m Height Limit)
r3 Zoning. 12m Height Limit. 0.9:1 Floor Space Ratio
Ideally Suited To Build ‘Downsizer” Whole Floor Luxury Apartments
Gazing out at the ocean with never-to-be-built-out views stretching from Maroubra’s northern to southern headlands, this entire block of strata titled apartments to be sold in one line offers an outstanding landbank or re-development opportunity.
In a phenomenal oceanfront position cornering Torrington Road and with the stunning coastal walk directly opposite, this rare offering is positioned mere breaths to the Pool Café, Mahon Pool, The Grumpy Baker and the iconic surf breaks of Maroubra Beach.
• 522sqm land, frontage: 39.2m to Torrington Rd, 13.2m to Marine Pde
• Two-level Art Deco block of 4 apartments (Strata titled) with common garden
• 4 x 3 bedroom/1 bathroom apartments, only 2 apartments per floor
• Well-presented interiors, period charm entwined with new updates
• Benefit from existing tenancies while exploring options for the future
• Explore options to redevelop as luxury boutique apartments (STCA)
For further information please contact Belle Property Randwick selling agents Shane Vincent 0425 333 400 or Clive Carter 0421 164 951