328 Taren Point Rd 0.37 Acres of Residential Land in Caringbah, NSW 2229

This offering presents a rare opportunity to acquire a high-density residential development site in the heart of Caringbah, subject to council approval. Comprising approximately 1,485 m² of level land with a prominent corner position and an arc frontage of 44.5 meters, the property is zoned R4 High Density Residential with an FSR of 1.2:1 and a height limit of 16 meters. These planning controls provide flexibility for a range of apartment configurations, including the potential for open district views from upper levels.
The site is strategically located within 600 meters of Caringbah Railway Station and local retail amenities, and just 450 meters from Sutherland Hospital. Cronulla’s vibrant shopping precinct and beaches are only 3.5 kilometers away, enhancing the lifestyle appeal for future residents. Existing improvements include two well-maintained brick homes currently generating a combined gross rental income of $1,700 per week, providing holding income during the planning phase.
This property will be sold via Expression of Interest, closing at 5:00 PM on Thursday, 20th June.