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337-343 Penshurst St, Willoughby, NSW 2068

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+10 Photos

Properties / Buy / New South Wales / Willoughby

Development Potential

1. Property Summary

Property Type

Residential, Commercial

Sub Type

Other, Retail/Shopping Centre

Land Area

1,405 m² (*approx)

Selling Method

Sale by Negotiation: Expressions Of Interest

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2. Property Highlights

337, 339, 339A, 341 & 343 Penshurst Street, Willoughby

Expressions of Interest Closing Tuesday 18th March 2025 at 5pm.

Unique offering of five premises to be sold in one line.

Immersed in a premier location and Gateway position, this unique offering features five commercial premises to be sold in one line and the first time offered in seventy years.

Presenting an ideal opportunity for businesses or developers (STCA). Set in a vibrant North Willoughby location with high visibility and premier corner allotment, the location offers transport at the doorstep, while being a stroll to Chatswood's CBD and shopping precinct, High Street shops and popular local private and public schools.

The site is part of the new Local Centre E 1 zoning under Willoughby LEP 2012 which allows for a maximum height of 14m/20m with a FSR of 2.8:1. Council's objectives with this new zoning is to enable residential development, that contributes to a vibrant and active local centre, and is consistent with the Council's strategic planning for residential development in the area.

- Prime 1,405sqm (approx.) land area in a busy convenient location amidst an array of businesses

- Outstanding rare opportunity and first time offered to the market in 70 plus years

- Five established businesses ready for redevelopment

- All five properties have rear street access with parking

Remember to mention you found this property on DevelopmentReady

Development Potential

1. Property Summary

Property Type

Residential, Commercial

Sub-type

Other, Retail/Shopping Centre

Land Area

1,405 m² (*approx)

Selling method

Sale by Negotiation: Expressions Of Interest

2. Property Highlights

337, 339, 339A, 341 & 343 Penshurst Street, Willoughby

Expressions of Interest Closing Tuesday 18th March 2025 at 5pm.

Unique offering of five premises to be sold in one line.

Immersed in a premier location and Gateway position, this unique offering features five commercial premises to be sold in one line and the first time offered in seventy years.

- Prime 1,405sqm (approx.) land area in a busy convenient location amidst an array of businesses

- Outstanding rare opportunity and first time offered to the market in 70 plus years

- Five established businesses ready for redevelopment

- All five properties have rear street access with parking

Remember to mention you found this property on DevelopmentReady

Development Potential