115-119 Holt Avenue, Cremorne, NSW 2090

Ray White Lower North Shore Projects and Developments are pleased to present 115-119 Holt Avenue, Cremorne for Sale by Expression of Interest.

115-119 Holt Avenue showcases a truly unique prospect. Buyers are presented with an opportunity to maximise uplift from the recent Low and Mid Rise (LMR) Reforms, whilst proceeding with an existing DA Approval for 16 luxury residences. Unlock the true value the site has to offer with strategic planning from the LMR increase to density controls.

Currently presenting as 1,672 sqm of vacant land, the site is zoned R3 Medium Density Residential, with a maximum height of 22 metres and a Floor Space Ratio of 2.2:1 under the recently gazetted Low and Mid Rise reforms, subject to council approval.

The Low and Mid Rise Reforms, allow for a significant uplift in development which is anticipated to yield 3,378 sqm of Gross Floor Area, with many apartments enjoying North facing sun and views towards the city. Buyers please note, if the Affordable Housing SEPP provisions are utilised, an FSR of 2.86:1 and potential GFA of 4,781 sqm (STCA) may be achieved.

The Holt Avenue site is conveniently located, less than 250* metres from Cremorne Village, yet set back from Military Road, in a quiet residential neighbourhood. Public transport is provided by way of multiple bus services (most notably the B-Line) operating along Military Road, providing direct access to Sydney CBD, North Sydney, Chatswood, and Sydney's Northern Beaches.

A significant attribute of the site is the frontage to Holt Avenue, spanning approximately 45.7* metres. Along with this attractive frontage, is approved basement parking on the eastern boundary of the property.

The property is offered for Sale via Expressions of Interest closing: 5.00pm, Wednesday 14th of May, 2025.

*All figures are approximate