Issue 51 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

2-8, 30-32 Blue Gum Crescent & 134-136 Frenchs Forest Road West, Frenchs Forest NSW Lifestyle opportunity opposite emerging town centre

ForSale by Expressions of Interest closing Thursday, 9 May at 4pm (AEST)

The 5,624 sqm* site area is zoned both MU1:Mixed - Use and R3:Medium Density, allowing a developer to deliver multiple built forms on the site. The site can also benefit from increases in GFA from affordable housing, seniors living and other specified bonuses.

Under the proposed State Government Local Centres Rezoning, the FSR within 400m of Town Centres may be increased to 3:1 which could yield a total of 16,872 sqm* of Gross Floor Area.

The Site boasts main road frontage with an additional two sides of street frontage allowing the ability to access to site from numerous sides for ease of construction. The site also is walking distance to numerous lifestyle amenities, the new state of the art hospital and proposed town centre.

The new Precinct Plan outlines the government’s infrastructure spend to create a town centre, new urban plaza which will be integrated with the new Northern Beaches Hospital. The Plan is forecasted to deliver over 2,000 new dwellings and over 2,000 new jobs and grow its population by 100% by 2041.

Mark Litwin 0415 742 605 Harrison Burcher 0401 409 571 Dominic Ong 0468 969 298

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*Approx.

April / May 2024 – 31

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