365 Pacific Hwy, Asquith, NSW 2077

Rare Pacific Highway Freehold with Income + Approved Develop

Positioned in one of the Upper North Shore’s fastest-growing precincts, this exceptional mixed-use freehold presents a rare opportunity to secure an income-producing asset with substantial future development potential directly opposite Asquith railway station.
Set within the tightly held Asquith town centre and surrounded by significant residential apartment development, this property combines immediate holding income with DA & CC commenced approval ready for the next stage of growth.

Whether you are a developer, investor, or land banker, opportunities of this calibre and positioning are rarely offered to market.

Property Highlights
Prime Pacific Highway freehold directly opposite the station
Existing mixed-use building over two levels Building area approximately 130sqm Land area approximately 247sqm
Zoned E1 Local Centre Height limit of 32.5m (approx. 10 levels STCA)
DA & CC commenced — ready to construct an additional 6 apartments plus community room
Existing long-established ground floor Chinese restaurant tenant
Brand new 3 x 3 year lease with demolition clauses in place
Fully renovated upstairs apartment featuring:
New kitchen Stylish bathroom
New flooring
Fresh paint and blinds
Front and rear lane access Rear parking
Surrounded by established and emerging high-density residential developments Investment & Development Potential This is a unique opportunity to secure a strategic site in a rapidly evolving transport-oriented precinct with multiple value-add pathways:

Hold and collect strong rental income Commence construction immediately with approvals already underway Land bank within a tightly held growth corridor Explore future uplift potential under current planning controls (STCA) Opportunities combining secure income, premium positioning, and near-term development capability are exceptionally scarce in today’s market.

For further information, plans, and approval documentation, contact the exclusive selling agents.

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Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.