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Investment Highlights

  • Dual-title development site totaling approximately 1,242 sqm within Mosman Municipal Council.
  • Strategic location between Mosman Village and Balmoral Beach, enhancing lifestyle and connectivity appeal.
  • FSR of 2.2:1 and potential GFA of around 2,732 sqm for future development.
  • Accessible to major transport routes, shopping, dining, and recreational amenities.

Executive Summary

This dual-title residential development site presents a rare and significant opportunity in one of Sydney’s most coveted Lower North Shore markets. The site is zoned to deliver a boutique multi-dwelling or apartment development of up to 22 meters in height (six storeys) with a 2.2:1 Floor Space Ratio (FSR). With the inclusion of affordable housing provisions, this scope may increase to eight storeys and a maximum height of 28 meters, subject to council approval. The location affords a short 700-meter walk to Balmoral Beach and immediate proximity to Mosman Village and Town Centre. The surrounding area is characterized by high-end residential properties, excellent retail amenity, and well-established transport links, making this site ideally positioned for developers seeking a premium project with strong market appeal.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.31 AC

1 Lot Available

Lot

Lot Size 0.31 AC

Spanning approximately 1,242 square meters, the combined lots at 38 and 40 Awaba Street benefit from recent planning reforms, including the Low & Medium Rise Housing Policy (LMR), enabling uplift potential for future development projects.

Description

The property consists of two adjoining parcels located at 38 and 40 Awaba Street in Mosman, New South Wales. It offers a combined site area of approximately 1,242 square meters and is subject to planning provisions that allow for increased density under the Low & Medium Rise Housing Policy when certain requirements are met. The site is positioned within approximately 400 meters of Mosman Town Centre and 700 meters from Balmoral Beach. It is zoned to accommodate development outcomes up to six storeys and a 2.2:1 FSR, with the potential for additional height and floor space in conjunction with affordable housing measures, subject to council approvals

  • Listing ID: 40398249

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 40 Awaba St, Mosman, NSW 2088

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