Vincent West

Frenchs Forest

Sale $7,995,000

Key details

Property Type Development
Water $0 / Quarter
Council $0 / Quarter
Strata $0 / Quarter
Land Area 2411 SQM

Highlights

Prime DA approved development site - 150m from new hospital

Forming part of Warringah Council's move to provide medium density and affordable accommodation, 16 Gladys Avenue provides you with an opportunity to invest. Located in one of Sydney's most sort after suburbs, this investment is hard to turn down.
Forming part of Warringah Council's move to provide medium density and affordable accommodation, 16 Gladys Avenue provides you with an opportunity to invest. Located in one of Sydney's most sort after suburbs, this investment is hard to turn down.

DA approval includes:
- 55 self-contained new generational boarding house studio apartments
- Bright open floor layouts with thoughtful storage to increase livability
- Quiet suburban setting, leafy outlooks and expansive northwest views
- Basement parking for 28 cars, 11 motorcycles and 11 bicycles
- Common lounge areas

Location:
- 150m level walk to the new and Northern Beaches Hospital and proposed town centre
- Quiet cul-de-sac location with district views
- Short stroll to existing buses to Chatswood, Dee Why and the city
- 160m from the prosed bus interchange linking Chatswood to Dee Why
- Short walk to Forestway Shopping Centre and Forestville Business Park
- 3.6km to Westfield Warringah Mall, 5.5km to Dee Why Town Centre
- 16km from the Sydney CBD

Frenchs Forest Master Plan:
- Create a strategic new town centre precinct linked to the Northern Beaches Hospital
- Approved and ready-to-roll-out B-line bus service from Chatswood to Dee Why with a bus stop at The Northern Beaches Hospital
- Creation of the new town centre urban plaza precinct on the Frenchs Forest High School site linked to the hospital
- Proposed Northern Beaches city-link tunnel accessed via Wakehust Parkway at Seaforth
- Zoning changes already approved and rolling out around the precinct to create over 3,000 new dwellings.

Even with the current infrastructure, the proposed site already stacks up as a viable development and investment opportunity. The roll-out of the master plan presents tangible and exponential future capital growth and yield possibilities.

Call Vincent West on 0403 444 000 or Oliver Rosati 0428 877 888 today for your inspection.

**All prices are per annum and quoted areas/measurements are approximations only**

Features

Car Parking - Basement
Close to Schools
Close to Shops
Close to Transport
Kitchenette

Contact the agent

Vincent West

Commercial Licensee/Director in Charge

0403 444 000

Oliver Rosati

Commercial Sales and Leasing Agent L.R.E.A

0428 877 888

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Frenchs Forest Neighbourhood Profile

Your Concierge

With North Sydney’s best beaches just down the road and the CBD just a 13km ride away, the small, local, and family-friendly community of Frenchs Forest is shaping up to be the new ‘it’ suburb north of the city. The sense of pride amongst its neighbourhoods is infectious as friendly locals meet and greet each other on the quiet streets, with several great schools nearby making this area a huge drawcard for young families looking for space to grow.

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