613 Pittwater RoadDee Why NSW 2099
Property Details for 613 Pittwater Rd, Dee Why
613 Pittwater Rd, Dee Why is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1990m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (May 2023)
* Land size: 3,168m2
* DA approved for 80 rooms (75 double rooms & 5 single rooms)
* Potential Net Return once fully completed = $1,700,000 to $1,850,000 + GST
* Shovel ready development
* Site boasts 2 street frontages
* Opportunity to diversify your investment portfolio or development pipeline
* Beachside suburb with huge tenant demand
* Strong population and demographic trends
* Exponential rental growth and capital appreciation forecasts - with less than 1% 2099 rental vacancy rates and 9.7% rental growth in Sydney over the last 5 years
* Excellent long term cashflow opportunity
* Unique asset in key Northern Beaches location
Upstate, as the exclusive selling agents, are pleased to offer this outstanding DA approved development opportunity situated in the highly desirable and everchanging beachside suburb of Dee Why.
On offer is a very rare opportunity to acquire a large landholding of 3,168m2 in a tightly held pocket of Dee Why, an area that has been transformed over the recent years with its new revitalized town centre and shopping precinct. This asset provides astute developers and investors an amazing opportunity to purchase, develop and either rent and hold or on-sell as a completed asset with a strong rental return.
The site is strategically located within close proximity to the town centre, public transport, Dee Why Beach and Warringah Mall catering for the ultimate convenience the local population is after. The new Northern Beaches hospital, Warringah Mall upgrades, Dee Why Master Plan, Brookvale Master Plan, Dee Why PCYC, B-Line rapid transit system and proposed Northern Beaches tunnel, combined with a lack of development in the region have ensured that the Northern Beaches is a blue chip location for development.
Available on request via a shared link is all due diligence information including:
* Information Memorandum
* DA Documentation
* Consent
* CC Information
* Engineering Reports
* Floorplates
* CGIs
* Projected Income & Expenditure
* Contract
For any further information, please contact Vincent West on 0403 444 000, Peter Mosedale on 0408 177 207 or Oliver Rosati on 0428 877 888.
Property History for 613 Pittwater Rd, Dee Why, NSW 2099
- 29 Jun 2023Sold for $3,000,000
- 12 Nov 2021Listed for Sale $12,000,000
- 16 Feb 2018Sold for $2,350,000
Recent sales nearby
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About Dee Why 2099
The size of Dee Why is approximately 3.4 square kilometres. It has 11 parks covering nearly 15.0% of total area. The population of Dee Why in 2016 was 21518 people. By 2021 the population was 23354 showing a population growth of 8.5% in the area during that time. The predominant age group in Dee Why is 30-39 years. Households in Dee Why are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dee Why work in a professional occupation.In 2021, 50.20% of the homes in Dee Why were owner-occupied compared with 50.30% in 2016.
Dee Why has 13,163 properties. Over the last 5 years, Houses in Dee Why have seen a 48.51% increase in median value, while Units have seen a 36.42% increase. As at 31 December 2025:
- The median value for Houses in Dee Why is $2,842,845 while the median value for Units is $1,114,910.
- Houses have a median rent of $775 while Units have a median rent of $775.
Suburb Insights for Dee Why 2099
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