FOR SALE
FOR SALE

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

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2708m2
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Senior Living Development Opportunity in the Heart of Forestville

Ray White Commercial (SC) is pleased to present a conveniently located senior living opportunity at 721-721a Warringah Road & 3 Darley Street, Forestville. This expansive site, with a total land area of 2,708sqm*, is offered for sale via private treaty.
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: 2,708sqm*
• Zoning: R2 Low Density Residential
• Minimal Lot Size: 600sqm*
• Over 55s Living design concept plan with 14 townhouses^ ready
• Dual access from Warringah Road & Darley Street
• Adjacent to Forestville Public School
• Opposite Forestville Library
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Property Details for 721-721a Warringah Road & 3 Darley Street, Forestville

Building Type
Commercial
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 3,257 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 15 properties listed for sale, and 10 properties listed for rent in Forestville on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in Forestville.

Suburb Insights for Forestville 2087

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Leslie Li
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RWC SC
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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.