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Investment Highlights

  • Elevated corner site of approximately 1,135.2 sqm across three titles with rear lane access.
  • Development potential with an FSR of 2.2:1 and GFA of approximately 2,497 sqm (STCA).
  • Zoned R3 Medium Density Residential, positioned in a Low & Mid-Rise Housing Area.
  • Panoramic views encompassing Middle Harbour and Sydney’s CBD skyline.

Executive Summary

Altura, positioned at 144–148 Cowles Road, presents a rare opportunity to acquire a premium development site in the heart of Mosman, one of Sydney’s most affluent suburbs. It offers an approved Floor Space Ratio (FSR) of 2.2:1 with significant potential to deliver a Gross Floor Area (GFA) of approximately 2,497 sqm, subject to amalgamation and council approval. This elevated corner site benefits from exceptional frontage on three sides, including rear lane access and a cul-de-sac, providing ease of design and construction flexibility. Its north/northeasterly aspect maximizes natural light and top-floor outlook, with sweeping views over Middle Harbour and the Sydney CBD skyline. With sloping topography suitable for basement integration, developers will find value in both efficiency and architectural creativity.
The property’s proximity to leading amenities further amplifies its appeal: only 391 meters to Mosman Village, about 1 km from Balmoral Beach, and offering convenient access to local schools, parks, and boutique retail precincts. This positioning, combined with the prestige of Mosman and outstanding lifestyle connectivity to the Sydney CBD, creates a compelling platform for a luxury multi-unit development.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.28 AC

1 Lot Available

Lot

Lot Size 0.28 AC

Spanning approximately 1,135.2 sqm and comprising three consolidated lots, the site is zoned R3 Medium Density Residential and identified within the Low & Mid-Rise Housing Area precinct.

Description

The property comprises three separate lots totaling approximately 1,135.2 sqm, located in Mosman, NSW. It is zoned R3 Medium Density Residential, allowing medium-density development subject to council approval. The site configuration includes three street frontages plus rear lane access. The location provides immediate proximity to Mosman Village amenities and Balmoral Beach and is situated within a precinct identified for low to mid-rise housing under local planning controls.

  • Listing ID: 40414221

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 144-148 Cowles Rd, Mosman, NSW 2088

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