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Investment Highlights

  • Level corner site in a quiet cul-de-sac with a frontage of approximately 23 meters.
  • Potential to increase FSR and height limits under LMR Policy for sites within 800 meters of the center boundary.
  • Located within 600 meters of Caringbah Station and near Caringbah Town Centre.

Executive Summary

This DA-approved boutique apartment development site offers a rare opportunity in Caringbah, positioned within 600 meters of the train station and major amenities. The property encompasses approximately 844 m² with a level configuration on a corner location in a quiet cul-de-sac. Zoning is R4 High Density Residential, with a current approved gross floor area of approximately 1,013 m². Plans allow for 13 thoughtfully designed units, consisting of two three-bedroom apartments, five two-bedroom layouts, four one-bedroom apartments, and two studio residences. A north-facing rooftop garden elevates the appeal of this project with a desirable outdoor communal space.
Future potential exists under the NSW Low and Mid Rise Housing Policy (LMR), providing scope to increase floor space ratio and building height for sites within 800 meters of Caringbah Town Centre. With its advantageous positioning near retail services, schools, transport connections, and lifestyle amenities, the site offers outstanding foundations for a residential project catering to strong local demand. Close proximity to arterial roads ensures convenient access across the Sutherland Shire and towards Sydney CBD.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 0.21 AC

1 Lot Available

Lot

Lot Size 0.21 AC

DA-approved Caringbah site of approx. 844 m² for 13 apartments, near station and town center. R4 zoning, GFA 1,013 m² with potential for increased FSR/height under LMR policy.

Description

The property at 229 Kingsway, Caringbah, is a development site positioned approximately 600 meters from Caringbah railway station and within proximity to Caringbah Town Centre. The site measures about 844 square meters with a street frontage of around 23.26 meters. It has existing approval for 13 apartment units with a combined gross floor area of roughly 1,013 square meters. Current zoning is R4 High Density Residential.

  • Listing ID: 40486488

  • Date on Market: 5/12/2026

  • Last Updated:

  • Address: 229 Kingsway, Caringbah, NSW 2229

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