87-89 Iris Street,
Beacon Hill, NSW 2100

ADAM CHARLES and MOXHAM COMMERCIAL as joint exclusive agents, together with transaction manager Folio Property are delighted to announce the successful sale of 87-89 Iris Street, Beacon Hill.

Following a competitive expressions of interest campaign with a detailed approach, we we able to generate 75 enquiries for this rare DA approved Northern Beaches development opportunity.

The property's affluent locale with the benefit of DA approval & CC commenced, attracted strong interest from both developers & private purchasers, resulting in 2 competitive EOI rounds.

Key Development Highlights:

- Elevated 2,180* sqm site area, featuring district views
- Favourable planning controls: R2 low density zoning, 0.5:1 FSR & 8.5m height limit
- DA approved + CC lodged for 10 x 3 bedroom luxury seniors living apartments
- Underlying land & house value with 2 existing homes on over 1,000sqm of land
- 5*km from Sydney's picturesque coastal strip, including Dee Why, Freshwater and Curl Curl Beach
- Affluent established area with first class amenities, including the upgraded Northern Beaches Hospital & Forestway Shopping Centre

For more information on this transaction please contact the exclusive agents.

Transaction manager:
John Macree
Folio Property