3-5 Memorial Avenue St Ives NSW 2075

CBRE, as the exclusive sales agent, is pleased to present 3 & 5 Memorial Avenue, St Ives an exceptional park view development opportunity directly opposite St Ives Shopping Village.

The property benefits from the following key attributes;

1,909.6sqm* double-block park view development opportunity currently improved by a 4-bedroom residential dwelling and a family dental clinic
Maximum potential GFA of 5,461sqm*^, FSR of 2.86 : 1^ and height of 28.6m^ through the application of the Low to Mid Rise Program and Infill Affordable Housing program
R4 High Density Residential zoning allowing for a luxury apartment block development (STCA) appealing to the pent-up demand from affluent local downsizers
Desirable elevated position with 42m* of frontage to Memorial Avenue providing the opportunity for sweeping district views
Situated directly opposite St Ives Shopping Village which has consistently been one of Australia's best-performing retail centres - anchored by a multitude of national tenants including Coles, Woolworths, Harris Farm Markets, Westpac, RM Williams, McDonalds and many more
Nestled in the heart of St Ives just a stone's throw away from the St Ives Village Green & just a short stroll to Pymble Golf Club
Bus stop & taxi stand outside the property, positioned just off Mona Vale road providing swift public transportation access to Sydney CBD, Northern Beaches as well as frequent bus services with lines to Gordon, Macquarie University & Sydney Olympic Park
12 minute* drive to Hornsby Westfield & a 24 minute* drive to Sydney CBD

3-5 Memorial Avenue, St Ives will be offered For Sale via Expressions of Interest closing Wednesday 28th May, 2025 at 4:00pm (AEST).

For more information or to request access to the due diligence room, please contact the exclusive sales agent.

Approximate*
Outline & labels indicative
SEPP - State Environmental Planning Policy
^LMR & In-fill affordable housing