Sutton Anderson is pleased to present 308-314 Penshurst Street, Willoughby for sale by Expressions of Interest. A substantial freehold land holding offered to the market for the first time in over three decades.

Positioned on a 923 sqm* site with dual street frontage to Penshurst Street and Sydney Street, this two-storey commercial building occupies a prominent position within the heart of Willoughby's established retail and lifestyle precinct. Zoned Local Centre with an FSR of 1.5:1 and a height limit of 11m, the site presents compelling development potential in one of Sydney's most tightly held Lower North Shore suburbs, subject to council approval.

Property Highlights:
- 923 sqm* freehold site with dual street frontage to Penshurst Street and Sydney Street
- Total building area approximately 1,019 sqm* across two levels
- Ground floor area 669 sqm* | Level 1 office 350 sqm* | Level 1 terrace 125 sqm*
- Prominent 24.41m* frontage to Penshurst Street
- Zoning: Local Centre | FSR 1.5:1 | Height limit 11m
- Significant development potential STCA
- Currently income-producing with existing tenancies
- Rear parking with secondary street access via Sydney Street
- Established retail and lifestyle precinct with strong foot traffic
- Walking distance to Chatswood CBD, rail interchange, and amenity
- Offered for the first time since 1995

Contact Sutton Anderson today for more information.