5 Lowther Park Avenue
Warrawee, NSW 2074

Overview

5 Lowther Park Avenue, Warrawee

Located in one of Sydney's most desirable North Shore suburbs, this exceptional property presents a rare opportunity for redevelopment within the Low and Mid-Rise Housing (LMR) zone. The site comprises a level block of approximately 986.4 square meters, offering a generous and flat parcel of land that is easy to build on and free from major easements that could impact development potential.

This prime location in Warrawee is highly sought after due to its proximity to top schools, shopping facilities, parks, and convenient public transport options including Warrawee Station and Turramurra Station, providing quick access to Sydney's Central Business District.

The property benefits from recent NSW Government planning reforms under the Low and Mid-Rise Housing Policy, effective from February 2025. These reforms introduce new controls that enable a diverse range of housing types such as dual occupancies, terraces, townhouses, manor houses, and low-rise apartments. Previously restricted R2 Low Density zones are now unlocked to allow greater housing choice and increased value, especially within walking distance of stations and town centres.

This makes the site ideal for developers, builders, or astute investors looking to capitalize on increased density allowances and the potential for enhanced returns. Importantly, there are no noted bushfire, flood, or heritage constraints affecting this site, although prospective buyers should verify specific development applications with the local council or Department of Planning, Industry and Environment.

The existing home provides comfortable family living accommodation, allowing owners to enjoy the property while planning future redevelopment or to consider demolition and rebuilding to maximize investment returns.

Key highlights include:

• A generous 988 square meter parcel of land, perfectly flat and easy to build on.
• Prime location close to excellent schools, shops, parks, and public transport.
• Significant upside from NSW planning reforms enabling a variety of housing types.
• Previously restricted zoning now allows greater housing density and choice.
• No major environmental or heritage constraints noted.
• Current residence suitable for family living or redevelopment planning.

Disclaimer: All information provided is gathered from sources believed to be reliable. However, accuracy cannot be guaranteed and interested parties should conduct their own enquiries.

Location