This article is from the Australian Property Journal archive
A DEVELOPMENT site in Sydney’s northern beaches with a height allowance of up to 11 metres has sold under the hammer for $1.775 million.
The 518.4 sqm site at 519 Pittwater in Brookvale has a B5 – Business Development zoning allowing for office, retail and shop top residential uses.
It sold with a 522 sqm building with an additional 105 sqm outdoor terrace on the first floor, and features dual frontages to Old Pittwater Road and Pittwater Road.
The property is located close to Westfield Warringah Mall.
CBRE’s Toby Silk, Aaron Arias and Nicholas Heaton marketed the site, which was auctioned by Jesse Davidson of Auctinworks.
Australian Property Journal
