FOR SALE
Sale - Expression of Interest

721 & 721a Warringah Road & 3 Darley Street
Forestville NSW 2087

Bedrooms: 14
Bathrooms: 8
Car spaces: -
Land area: 2708m2
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Significant Large Town Centre Development Opportunity

721A Warringah Road, Forestville is proudly presented by Nima Aliasgary and Awais Khan of Ray White Fairweather Group.
*** For more information, contact Nima on 0424 999 399 or Awais on 0426 525 256. ***
Ray White Forest in conjunction with Ray White Commercial (SC) is pleased to present a significant development opportunity at 3 Darley Street & 721-721a Warringah Road, Forestville. This expansive site, with a total land area of 2,708m2*, will be offered for sale via Expressions of Interest closing Thursday, 24 October at 3pm (AEDT).
Owned by the same family for over three decades, the property occupies a prime gateway location to Forestville town centre and Killarney Heights. This family-friendly area is nestled amidst bushland reserves and offers easy access to the coastal lifestyle of Sydney's northern beaches.
Additional highlights of the asset include:
• Land Size: 2,708m2
• Zoning: R2 Low Density Residential
• Minimal Lot Size: 600m2*
• Over 55s Living design concept plan with 14 townhouses^ ready
• Dual access from Warringah Road & Darley Street
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Property Details for 721 & 721a Warringah Road & 3 Darley Street, Forestville

721 & 721a Warringah Road & 3 Darley Street, Forestville is a 14 bedroom, 8 bathroom Other. The property has a land size of 2708m2. The place is currently for sale with Ray White Narrabeen.

Building Type
Other
Land Size
2708m2

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About Forestville 2087

The size of Forestville is approximately 4.4 square kilometres. It has 14 parks covering nearly 34.7% of total area. The population of Forestville in 2011 was 7,834 people. By 2016 the population was 8,342 showing a population growth of 6.5% in the area during that time. The predominant age group in Forestville is 40-49 years. Households in Forestville are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Forestville work in a professional occupation. In 2011, 76.5% of the homes in Forestville were owner-occupied compared with 76.2% in 2016.

Forestville has 3,258 properties. Over the last 5 years, Houses in Forestville have seen a 44.91% increase in median value, while Units have seen a 26.99% increase. As at 30 November 2024:

  • The median value for Houses in Forestville is $2,268,111 while the median value for Units is $1,314,469.
  • Houses have a median rent of $1,100 while Units have a median rent of $720.
There are currently 16 properties listed for sale, and 10 properties listed for rent in Forestville on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Forestville.

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Nima Aliasgary
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Awais Khan
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Ray White Narrabeen
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.