Overview

Located in one of North Wollongong's most sought-after coastal areas, 35 Bourke Street presents a unique development opportunity in a prime beachside location. This property is just a short walk from the coastline and is surrounded by established residential neighborhoods, making it a rare find in today's market.

Set on a generous 627sqm corner block, the site benefits from new planning regulations that allow for building heights of up to 32 meters and is zoned R1 General Residential. It is situated within a designated Transport Oriented Development (TOD) precinct, which permits an attractive Floor Space Ratio (FSR) of 2.5:1, unlocking significant development potential (subject to council approval). Additionally, the neighboring property is also available for sale, providing an opportunity to expand the overall site area.

The location offers an exceptional mix of lifestyle amenities and urban connectivity. Within walking distance, residents can enjoy North Wollongong Beach, Stuart Park, South Beach, and a variety of local dining options. The free Gong Shuttle bus service and North Wollongong Railway Station are also nearby, ensuring easy access for future residents.

Strategically positioned near the North Wollongong coastline, the property maintains strong connectivity to Wollongong's Central Business District (CBD) and is close to major employment centers, educational institutions, and essential health services. The surrounding area is characterized by established residential homes, primarily owned by professionals and long-term investors, highlighting the enduring appeal of this location and the strong demand for housing in the area.

This is a rare chance to acquire a substantial corner site that combines beachside living with excellent transport accessibility, making it an ideal foundation for a landmark coastal development in one of the Illawarra's most desirable growth corridors.

For developers looking for scale, height, density, and a prime location, 35 Bourke Street meets all criteria (subject to council approval).

Location