Uniting Church Australia to sell flexible North shore development site
28 March 2024
A versatile development opportunity is being offered to the market on behalf of the Uniting Church in Australia.
Showcasing a heritage-listed sandstone church dating back to circa 1879 nestled on a generous 2,690 square metre site, this property offers a blend of historical charm and modern development potential suitable for a vast variety of uses (STCA).
The Colliers team of Tom Appleby, Samantha Carroll, Joesph Lin and Guillaume Volz have the exclusive listing.
âThe versatility of this site speaks volumes, we expect the campaign will attract the attention of a diverse pool of buyers across various sectors eager to capitalise on the opportunity to repurpose the existing structures,â Tom Appleby said.
With an R2 Low Density Residential zoning and the potential for zoning uplift under the recent low and mid-rise housing reform, the property stands at the forefront of benefiting from Government initiatives.
The reform, set to permit dual occupancies in ‘R2 Low Density Residential’ zones across NSW and facilitate the construction of terraces, townhouses, and two-story apartment blocks near transport hubs and town centres in the Greater Sydney region.
“As the government pushes forward with initiatives like ‘Transport Oriented Development’ (TOD) to facilitate higher density living, we anticipate a surge in transaction activity this year, paving the way for increased housing opportunities,â Samantha Carroll said. Â
55a Mona Vale Road, Pymble is for sale via an Expressions of Interest campaign closing on Tuesday, 7 May 2024 at 3pm (AEST).