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169 & 169b Kingsway Way, Woolooware NSW 2230

Expression Of Interest

Search Band Search Visibility Band

$6M - $7M Medium Confidence Calculated based on our search observations.

Land 8 Beds 4 Baths 1470 m²

Listed: 2 hours ago

Overview

This rare and substantial landholding in Woolooware represents a significant investment opportunity for developers, investors, or strategic land-bankers. The combined site area of approximately 1,470 square meters provides a generous foundation for future redevelopment, supported by its prominent location on Kingsway and accessibility to local amenities.

The zoning of R2 Low Density Residential offers potential development possibilities under recent NSW government housing reforms, with an allowable floor space ratio of up to 2.2:1 and building heights of up to six stories, pending planning approvals. This flexibility highlights the site's potential to accommodate contemporary residential developments that can capitalize on the area's strong market demand.

Positioned within the established and sought-after Woolooware community, the property boasts close proximity to essential local infrastructure including shopping precincts, cafés, schools, sporting facilities, and public transport options. Woolooware Railway Station provides easy connectivity to the wider Sydney area, while nearby Cronulla beaches and waterways add to the lifestyle appeal of the location.

Opportunity seekers will value the strategic advantage of securing these two adjoining properties together, facilitating scale and unified planning potential rarely available in this tightly held locality. The site is well suited for comprehensive feasibility studies and long-term investment strategies, supported by the area's proven long-term growth prospects and lifestyle factors.

Impressive combined land area of nearly 1,470 sqm
R2 Low Density Residential zoning with potential mid-rise development uplift
Maximum floor space ratio of 2.2:1 with up to six stories subject to approval
Prime location within Woolooware, enhancing lifestyle and accessibility
Close to public transport, schools, retail, sporting amenities, and coastal attractions
Outstanding opportunity for developers and investors to secure a substantial strategic site

Local Market Insights

In Sydney - Sutherland, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $6,950,000. The property type mix of listed properties is predominantly Houses at 51%, followed by apartments (18%), and duplexes (9%). The most active agency for land in the Sydney - Sutherland area is currently Highland, representing 50% of new listings, followed by Gibson Partners Real Estate with 50%. 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.