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Overview
This substantial development opportunity in the heart of Engadine stands out for its impressive scale and strategic positioning. Comprising five adjoining properties and approximately 3,427 square meters of combined land, the site offers a remarkable footprint extending from street to street.
The collection of properties includes three side-by-side homes and two adjoining at the rear, creating a rare and contiguous landholding in a sought-after location. The zoning of R3 Medium Density Residential with a height limit of 22 metres and a floor space ratio (FSR) of 2.2:1 under the Low and Mid-Rise Housing Policy supports a significant development potential with an approximate gross floor area (GFA) of 7,175 square meters.
Located conveniently near the town centre, public transport, schools, and local amenities, the site is well-positioned to appeal to developers looking for a versatile medium-density residential project in a well-connected suburb.
- Five properties offered collectively, creating a comprehensive development holding
- Approximate land size of 3,427sqm provides extensive scope for redevelopment
- Support for medium density residential zoning and generous height and density limits
- Strong local infrastructure and amenity with nearby schools, shops and transport links
This offering represents an outstanding prospect for developers aiming to capitalize on Engadine's residential growth and urban renewal opportunities.
Local Market Insights
In Engadine, Quiet Listings observed 15 new houses entering the market over the last 30 days, up from 14 during the previous 30-day period, with an average advertised asking price of $2,216,000. The property type mix of listed properties is predominantly Houses at 67%, followed by villas (13%), and townhouses (8%). The most active agency for houses in the Engadine area is currently McGrath Estate Agents, representing 73% of new listings, followed by One Agency with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Engadine NSW 2233
