Once in a lifetime development opportunity on the Burraneer Peninsular hits market

A tightly held 2965 sqm parcel of land adjacent to the iconic waters of Gunnamatta Bay will hit the market on Monday for the first time since 1957.

The sprawling lot presents a vanishingly rare shot for buyers to get their hands on one of the most aspirational development opportunities to emerge in some time. 

Highland agents Mitchell Wynn and Laura McKay have been appointed as exclusive selling agents for the prime parcel of land at 2 Bonnie Doon Place, Burraneer, and are bracing for a frenzy of interest in the coming days.

“We are expecting an abundance of enquiry from local and out of area developers. Opportunities like this are rare and we are excited to represent the campaign,” said Mr Wynn.

“Chances for 3 lot subdivision set in such a desirable waterside location are unheard of in today’s market, and we do not anticipate this stick on the market for long.”

The vacant parcel of residential land has been tightly held by the same family for over 64 years, and now presents a highly profitable prospect to subdivide and redevelop for the luxury home market.

“This exceptional north-facing land provides an opportunity for visionary developers and builders to deliver a landmark family home or multiple residences within a private coastal cul-de-sac setting, just 29 kilometres from Sydney CBD,” said Ms McKay.

The unique positioning of the land offers year-round sunshine, privacy and endless possibility for a high-end development.

Perched a stone’s throw from the shoreline of Gunnamatta Bay, and within close proximity to Cronulla Town Centre, waterfront reserves, and beaches, the expansive block is the ultimate blend of location and size.

The Bonnie Doon Place lot officially hits the market Monday 21 Feb.