Be part of developing a vibrant and revitalised town centre precinct.
On behalf of Warringah Council ('Council'), CBRE is please to offer this outstanding mixed-use development opportunity at 28 Lockwood Avenue, Belrose on behalf of Warringah Council. This property offers one of the most significant town centre mixed-use development opportunities on Sydney's Upper North Shore.
The development opportunity benefits from the following features:
- A large site area comprising 5,322sqm (approximate subject to survey)
- Zoning: B2 Local Centre (Warringah Local Environment Plan 2011) providing for a variety of uses permitted with consent, including retail and shop top housing
- Deferred settlement terms to February 2017
- Adjacent to Glenrose Shopping Centre with plans for redevelopment approved by Joint Regional Planning Panel in 2014
- Ability to leverage significant public investment in nearby redevelopment of the Glen Street Cultural Hub project
- Direct bus to Sydney CBD departing from Lockwood Avenue adjacent the Property
The property will be sold via a two-phase sales process commencing with an Invitation for Expressions of Interest closing Thursday, 28 May 2015 at 4pm (EST)
*approximate