CI Australia is delighted to offer 5 Northwood Road, Longueville For Sale via EOI closing 2:00pm on Friday 31st March 2023.
5 Northwood Road is a once in a lifetime opportunity to purchase a prime 872sqm parcel of land in the tightly held and under supplied suburb of Longueville. Longueville is a blue ribbon suburb on the Lower North Shore and is only 8km north-west of the Sydney CBD. Over the last 12 months, the median sale price of houses in Longueville is $5,655,000.
This enviable land parcel benefits from dual street access and has a total of 68m in street frontages. The property is highly visible from all approaches and with over 20,000 vehicles passing by daily (RMS), benefits from sensational exposure.
A flexible B1 Neighbourhood Centre zoning permits a magnitude of uses ranging from retail, medical, shop top housing, supermarkets and more. A 1:1 FSR allows maximum site coverage.
Key Features Include:
872.5 sqm of land
Dual street access with drive in and out potential
68m in street frontages
Exposure to 20,000 vehicles daily
Flexible B1 Neighbourhood Centre zoning
1:1 FSR ensuring maximum site coverage
Once in a lifetime opportunity
Lack of retail and commercial opportunities in the area
Located opposite an under construction 143 bed aged care facility
Perfect for owner occupation or development
Ability to generate additional income from telecommunications
EPA accreditation provided
For more information or to arrange an inspection contact Nick Lowry on 0408 891 376 or Addison Hunter on 0408 670 879.
The size of Longueville is approximately 1 square kilometres. It has 14 parks covering nearly 20.5% of total area. The population of Longueville in 2011 was 2,098 people. By 2016 the population was 2,050 showing a population decline of 2.3% in the area during that time. The predominant age group in Longueville is 50-59 years. Households in Longueville are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Longueville work in a professional occupation. In 2011, 89.9% of the homes in Longueville were owner-occupied compared with 90.7% in 2016.
Longueville has 813 properties. Over the last 5 years, Houses in Longueville have seen a 51.41% increase in median value, while Units have seen a 34.41% increase. As at 31 October 2024:
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