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Northern Beaches Residential Development Opportunity, Opposite Hospital and Future Town Centre
Savills and Ray White are pleased to present 116-120 Frenchs Forest Road West & 11 Gladys Avenue, Frenchs Forest (the Site) for sale via Expressions of Interest.
This DA imminent residential development site offers prospective purchasers the opportunity to develop a high-end residential apartment project or alternative development options such as an aged care facility, situated directly opposite the newly completed Northern Beaches Hospital and the future Frenchs Forest Town Centre.
Property Highlights:
- Large amalgamated residential development site, ideally located at the centre of the Frenchs Forest Hospital Precinct
- Total site area of 5,740.40sq m*
- R3 Medium Density Residential zoning with Part 2:1 and Part 1:1 FSR
- DA lodged for the construction of 127 apartments across 3 buildings^
- Proposed GFA of 12,879.20sq m*^ - including Infill Affordable Housing bonuses
- Directly opposite the new state-of-the-art Northern Beaches Hospital
- Opposite Frenchs Forest’s Future Town Centre
- Conveniently located within 1km* of Forestway Shopping Centre
- Significant infrastructure upgrades invested by the NSW state government
- Frenchs Forest is set to become a strategic centre for the Northern Beaches with an emphasis on healthcare
*Approx.
^(STCA) Subject to Council Approval
For Sale via Expressions of Interest closing 3pm Wednesday, 21st August 2024.
Level | Tenancy | Sale Type | Price | AreaSqm | Status |
---|---|---|---|---|---|
n a | Expression of Interest | 5740.40sq m | Available |