11 Berry Road St Leonards NSW 2065

R4 High Density zoning | Recently rezoned precinct | 433sqm development site | Last sold 2011 This three-bedroom house on a 433-square-metre block occupies a strategically positioned site within the St Leonards South Residential Precinct, where recent rezoning to R4 High Density Residential has fundamentally altered its market character and future potential. The property’s primary appeal lies not in its existing residential configuration but in its classification as a key development site under the precinct planning framework. The 433-square-metre land parcel, coupled with the new R4 zoning, signals to developers and investors that this holding offers redevelopment potential within an area experiencing significant planning evolution. The current dwelling, measuring 209 square metres across three bedrooms and one bathroom, represents the baseline asset rather than the property’s end use. For owner-occupiers, the property functions as a conventional suburban residence with three car spaces and established infrastructure including NBN Hybrid Fibre Coaxial and 5G mobile coverage. The timing of the rezoning creates distinct buyer cohorts. Developer-focused purchasers view the site through the lens of increased allowable density and future subdivision or redevelopment opportunity. Owner-occupiers seeking an established home in an accessible location find a standard mid-sized house with practical parking and utilities, though the property’s market positioning as a development site may influence its trading behaviour. Properties rezoned to higher density in established precincts typically attract shorter holding periods from investors and developers compared to purely residential holdings. The last sale occurred in 2011, suggesting the current owner has held through a period of significant planning change—a shift that has likely increased the property’s perceived value to development-focused buyers relative to those seeking a long-term family home. The estimated value range of 3.44 million to 3.91 million dollars reflects this dual appeal, though the premium embedded in these valuations relates substantially to development potential rather than the residential improvements themselves.