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Investment Highlights

  • Land area of approximately 972.4 square meters.
  • Located approximately 325 meters from Northbridge Town Centre and Northbridge Plaza.
  • Within proximity to St Leonards Train Station and the future Crows Nest Metro Station (approximately 2 to 2.3 km).
  • Maximum building height of 22 meters and FSR of 2.2:1 in line with Low and Mid Rise planning reforms.
  • Accessible to multiple bus routes with connections to Sydney CBD, North Sydney, Chatswood, and surrounding suburbs.
  • Close to recreational areas including Flat Rock Reserve, Tunks Park, and Bicentennial Reserve.

Executive Summary

Ray White LNS Projects & Developments presents an exceptional development opportunity at 16-18 Sailors Bay Road, Northbridge. This boutique site benefits from the recently gazetted Low and Mid Rise (LMR) Reforms, offering developers a chance to maximize density and create a high-end residential project within a coveted North Shore location.
The property spans 972.4 m² and is zoned R3 Medium Density Residential, with an approved maximum building height of 22 meters and a Floor Space Ratio (FSR) of 2.2:1, translating to an anticipated Gross Floor Area of approximately 2,139 m² (subject to council approval). Leveraging Affordable Housing SEPP provisions could unlock an increased FSR of 2.86:1 and potential GFA reaching 2,781 m² (STCA), ensuring substantial development upside.
Positioned just 325 meters from Northbridge Town Centre, this site offers convenient access to Northbridge Plaza, High Street retail, and key hubs such as Chatswood, St Leonards, and Crows Nest. Transportation links are abundant, with buses servicing Eastern Valley Way and Willoughby Road, while Crows Nest Metro and St Leonards train stations lie within a short radius. The property’s elevated aspect ensures sweeping views across Willoughby, North Sydney, and even Sydney CBD, complemented by nearby parks and leisure facilities, including Flat Rock Reserve and Bicentennial Reserve.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.24 AC

1 Lot Available

Lot

Lot Size 0.24 AC

16-18 Sailors Bay Road comprises a land parcel of 972.4 m² in Northbridge, NSW. It holds R3 Medium Density Residential zoning with a height limit of 22 meters and current FSR of 2.2:1 under Low and Mid Rise reforms.

Description

16-18 Sailors Bay Road is a land parcel of approximately 972.4 square meters located in Northbridge, New South Wales. The property is zoned R3 Medium Density Residential with a maximum building height allowance of 22 meters and a floor space ratio (FSR) of 2.2:1, subject to council approval. Based on current planning provisions, this may equate to a gross floor area of about 2,139 square meters, with potential for higher FSR under Affordable Housing SEPP provisions (subject to statutory approvals). The site lies approximately 325 meters from the Northbridge Town Centre and offers access to local services and amenities including Northbridge Plaza, High Street shops, and nearby community and leisure facilities. Major commercial and residential areas such as Chatswood, Willoughby, St Leonards, and Crows Nest are in close proximity. Public transport options include multiple bus services operating along Eastern Valley Way, Strathallen Avenue, and Willoughby Road, providing connectivity to Sydney CBD, North Sydney, and key regional hubs. St Leonards Railway Station and the future Crows Nest Metro Station are within an approximate radius of 2 to 2.3 kilometers. The property is also adjacent to Flat Rock Reserve and connects to walking tracks leading to Tunks Park and Bicentennial Reserve.

  • Listing ID: 40475562

  • Date on Market: 5/11/2026

  • Last Updated:

  • Address: 16-18 Sailors Bay Rd, Northbridge, NSW 2063

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