CBRE, as the exclusive sales agent is pleased to present to the market an exceptional opportunity at 16 Peronne Avenue, Clontarf. Situated on a generous 974sqm* land parcel, this property offers immense potential for development (STCA) , spacious living & panoramic water views

16 Peronne Avenue, Clontarf benefits from the following key attributes:

• Exceptional opportunity for a spacious living development in a highly sought-after location
• Generous land size of 974sqm* offering immense potential for various possibilities with flexibility to develop or create a spacious dream home (STCA)
• R2 Low-Density Residential zoning allows for residential use with the potential for dual occupancies (STCA)
• Potential for multi-generational living arrangements or additional rental income
• Current Floor Space Ratio (FSR) of 0.4:1, providing a baseline for development
• Current SEPP Housing FSR of 0.56:1 allowing for an increased ratio with proposed further increases to 0.65:1 enabling additional development potential
• Panoramic water views, including the iconic Spit Bridge, situated on the high side of the street, offering elevated views
• Proximity to Clontarf Beach, Clontarf Marina, and the scenic Spit to Manly walk
• Unique land slope allowing for a creative house design. Capture the sweeping and unimpeded water views by capitalising on the natural topography of the land
• Situated in a tightly-held and thriving market, with a median house price in Clontarf of $5.76m, showing a 20.7% increase over the past year, indicating a desirable and appreciating market
• A recent maximum suburb sale price of $32,180,000 million in 2023 further highlights the strong demand and potential for significant returns in the area


16 Peronne Avenue, Clontarf will be offered for sale via an Expression of Interest campaign closing on the 13th of March, 2024 at 4:00pm (AEDT)

For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents.

Approx*