This substantial, flat, freehold 1,012 sqm site in one of Forrest Hill s most sought-after locations presents an exceptional opportunity for developers, investors, and families seeking scale and quality. The property is well-positioned for significant development potential.Land bank with holding income: Three solid-brick, two-bedroom flats currently generate a combined rental income of $1,685 per week, providing robust cash flow from day one.Premium family estate potential: The wide road frontage, level contour, and elevated outlook with sea aspects offer an ideal platform for an expansive new residence in a blue-chip setting.Location and lifestyle: Enjoy premier North Shore amenity with Milford Beach, cafes, retail, and Northern Motorway access only minutes away. The property is in zone for top-tier schools, including Westlake Boys and Westlake Girls High Schools, and Campbells Bay School.This is a strategic acquisition offering scale, income, and multiple exit pathways. Early engagement from buyers, developers, and planning professionals is welcomed. Please enquire for an information pack and to arrange a private viewing.