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3 Terrol Cres Apartment Building $4,682,925 Mona Vale, NSW 2103
Investment Highlights
- 708 m² site comprising four strata apartment units positioned in one line.
- Development potential supported by 1.5:1 FSR and approximately 1,062 m² GFA capability.
- Zoned R3 Medium Density Residential within the 400–800 m Low and Mid-Rise Housing Initiative zone.
- Walking distance to cafés, Mona Vale Surf Club, golf course, town center, and major transport links.
Executive Summary
This exceptional opportunity offers a 708 m² landholding with four existing strata-titled apartments in one line, positioned just 300 meters from Mona Vale Beach in the coveted Mona Vale Basin precinct. Zoned R3 Medium Density Residential, the property resides within the Low and Mid-Rise Housing Initiative area, allowing for enhanced development flexibility and future density potential.
Conveniently located in a quiet cul-de-sac, the site enjoys a favorable north-to-rear aspect, providing design advantages for redevelopment possibilities. Its position within 400–800 meters of the Mona Vale town center means vibrant dining, retail, and transport links are just a short stroll away, amplifying both lifestyle and investment appeal.
Whether held as a strategic landbank or redeveloped into a premium coastal project, this site grants unmatched access to beaches, Mona Vale Golf Course, local cafés, and surf amenities. With generous planning allowances including an FSR of 1.5:1 and potential GFA of approximately 1,062 m², the property presents genuine long-term upside in one of Sydney’s most tightly held Northern Beaches locations.
Conveniently located in a quiet cul-de-sac, the site enjoys a favorable north-to-rear aspect, providing design advantages for redevelopment possibilities. Its position within 400–800 meters of the Mona Vale town center means vibrant dining, retail, and transport links are just a short stroll away, amplifying both lifestyle and investment appeal.
Whether held as a strategic landbank or redeveloped into a premium coastal project, this site grants unmatched access to beaches, Mona Vale Golf Course, local cafés, and surf amenities. With generous planning allowances including an FSR of 1.5:1 and potential GFA of approximately 1,062 m², the property presents genuine long-term upside in one of Sydney’s most tightly held Northern Beaches locations.
Property Facts
| Price | $4,682,925 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Sale Condition | Redevelopment Project | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 4,607 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Price | $4,682,925 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,607 SF |
| No. Stories | 2 |
Amenities
Unit Amenities
- Air Conditioning
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