Our R3/RU2 zoned site at 14 Walana Crescent in Mona Vale just got a whole lot bigger with the addition of the adjoining site at 3 Harrier Place to the listing. The combined site is so big, it’s now arguably the biggest residential development site currently available on the North Shore. Weighing in at a whopping 3.618ha, with 1.859ha zoned R3 residential, this site would potentially support 120 Terrace Homes, 30 Manor Houses or 72 home sites.
With affordable housing being in short supply on the Northern Beaches and the NSW Government offering exemption from stamp duty on purchases up to $800,000 to first home buyers, this site could be the answer to First Home buyer prayers on the Northern Beaches. But it’s not all just about first Home Buyers. The variety of homes that could be built on this site under the Low Rise Housing Diversity Code is impressive, and would appeal to the downsizer/seachanger market as well.
Manor Houses, for instance, can be configured for 4 apartments on a 600SqM site (or 3 if you want the ground floor apartment to be bigger). You can fit around 30 manor houses on this site. Home sites down to 200SqM (with 6M frontages) are also possible on this site as it’s contained in the Greenfield Zone for the Northern Beaches and is therefore covered under the Greenfield Housing Code. The combined site should support up to 72 home sites under the Greenfield code. Allowable site coverage is 78%, so house and land packages with 140+SqM internal floorspace is possible on these sites.
Terraces can also be built in this zoning and the combined site should support up to 120 Terrace Houses. Once again the site coverage is generous at 80% FSA so 108SqM internal is possible here. Visit our website at https://www.thornproperty.com.au/current-listings-development for further details, or call Mark Thorn on (0419) 989 923 if you would like to arrange a site inspection.
Potential purchasers will need to make their own enquiries as to the applicability of zoning codes for this area. All development outcomes are subject to approval by the relevant authorities.
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