217 Eastern Valley Way 7,911 SF 100% Leased Retail Building Middle Cove, NSW 2068 $2,627,890 ($332.16/SF)

Set on an elevated ridgeline with district views toward Middle Harbour, 217 Eastern Valley Way offers a highly visible freehold with a Development Application approved for a boutique mixed-use project designed to capture affluent downsizer demand. The approved scheme replaces the existing high-exposure bathroom showroom and basement parking with a ground floor retail tenancy and four large, well-appointed apartments, each oriented for light and livability and supported by lift access, storage, and basement parking. The mix includes three 3-bedroom residences and one 2-bedroom plus study, several with private terraces and skylights, creating an attractive owner-occupier profile in a premium Lower North Shore setting.
The site’s planning metrics provide clarity and confidence for execution, including an approved GFA of approximately 735 sqm on a 565 sqm parcel with a 1.24:1 FSR inside a 1.3:1 control. Prominent Eastern Valley Way frontage drives brand exposure for the ground floor retail and supports effortless access across the North Shore. Daily convenience is reinforced by proximity to Harris Farm and an 8-minute connection to Chatswood CBD, placing future residents and the retailer at the center of an established amenity base. For developers and private groups seeking a high-impact, design-forward project with clear approval parameters in a tightly held corridor, this opportunity balances visibility, scale, and market relevance.