



Occupying an approximately 585sqm landholding in one of Woollahra's most tightly held locations, this is a rare opportunity to deliver a perfectly positioned prestige residential project at a moment of generational change in the planning framework for the Edgecliff/Woollahra precinct. Zoned R3 Medium Density Residential and positioned within the 400m Low and Mid-Rise (LMR) Housing area, the site provides a base FSR of 2.2:1, equating to approx. 1,287sqm GFA, with potential to increase to 2.86:1 under applicable affordable rental housing (ARH) uplift provisions, equating to approx. 1,673sqm GFA, subject to planning and approvals. The development envelope offers potential for a multi-level residential outcome with city skyline and Harbour Bridge views from upper levels, subject to final design. This premium Ocean Street address provides the opportunity to create highly desirable residences in one of Sydney's most sought-after markets. Moments from Edgecliff Station with direct rail access to the CBD, the property is also close to Woollahra Village, Queen Street, Double Bay and Edgecliff Centre, with Bondi Junction and Centennial Park nearby. - Approximately 585sqm landholding in a tightly held Woollahra location - R3 Medium Density Residential zoning - Potential eight-storey residential development outcome with approximately 1,673sqm GFA (LMR + ARH bonus) - Potential city skyline and Harbour Bridge views from upper levels - Prestigious Ocean Street address moments to Edgecliff Station with direct rail access to Sydney CBD - In close proximity to Woollahra Village, Queen Street, Double Bay, Edgecliff, Bondi Junction and Centennial Park - Located within one of the most significant residential uplift investigations currently underway in metropolitan Sydney, with potential for significant further density uplift under the state government led rezoning of the Edgecliff/Woollahra precinct.
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Property ID: 505217280
Original Property ID: 505217280