JLL as the exclusive selling agent is pleased to offer Sinclair Street Collective (51-77 Sinclair Street and 2 Bruce Street, Wollstonecraft), a prime residential development opportunity within Sydney’s coveted Lower North Shore.
Set on a generous 4,445 sqm* parcel, boasting multiple street frontages, rear lane access and unencumbered by heritage constraints, Sinclair Street Collective is a highly strategic site which has directly benefitted from the NSW Government’s Transport Oriented Development (TOD) Program – Accelerated Precinct (Crows Nest) planning reform which has rezoned the site to R4 – High Density Residential, featuring a 2.5:1 FSR and 33m building height limit.¹
Development highlights include:
• Prominent 4,445 sqm* landholding located in Sydney’s tightly held Lower North Shore market where quality development opportunities are rare
• TOD Program planning controls of 2.5:1 FSR, yielding up to 11,112 sqm* of GFA and a 33m maximum building height limit¹
• Perfect opportunity to create a premium residential project that perfectly tailors to the region’s demographic^
• Appealing development attributes with multiple street frontages, favourable site orientation and unencumbered of any heritage constraints which contribute to improved design efficiencies
• Highly affluent region evident with the household income being 81% higher than Sydney’s median, 51% of dwellings owned outright and 74% owner occupied²
• Ideally enhanced by an elevated positioning, offering the potential to capture vast district, river and CBD skyline view corridors^
• A mere 450m* walk to the recently completed Crows Nest Metro Station which provides reliable metro rail access to major employment hubs; Chatswood, North Sydney and throughout Sydney CBD
• Surrounded by an abundance of education institutes, with the North Shore region being home to some of Sydney’s most prestigious private primary and secondary schools
• In proximity to a diverse array of boutique, convenience and major retail offerings including; the vibrant Crows Nest Village, Woolworths Crows Nest and Mall 88
• Only 1.2km* from one of Sydney’s major health precincts which is home to the renowned Royal North Shore Hospital, North Shore Private Hospital and North Shore Health Hub
*Approximate only
^ Subject to planning approvals
¹ Source: SJB Urban Design Report Prepared for DPHI 21 November 2024 (Rezoning effective as at 27/11/2024)
² ABS 2021 Census Data Crows Nest-Waverton Statistical Area Level 2
Sinclair Street Collective (51-77 Sinclair Street and 2 Bruce Street), Wollstonecraft is being offered For Sale by way of Expressions of Interest closing Tuesday 10th December 2024 at 4pm (AEDT).
All enquiries, access to the due diligence dataroom, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.
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