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Address available on request, Frenchs Forest, NSW 2086

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Address available on request, Frenchs Forest, NSW 2086

Frenchs Forest

Address available on request, Frenchs Forest, NSW 2086
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Address available on request, Frenchs Forest, NSW 2086

Frenchs Forest

SOLD
Address available on request, Frenchs Forest, NSW 2086

Address available on request, Frenchs Forest, NSW 2086

Properties / Sold / New South Wales / Frenchs Forest
Development Approved
Property Type
Residential
Land Area
2,411 m² (*approx)
LGA
Northern Beaches Council
Selling Method
For Sale: Offers Over | $7,950,000
Show All
BUILD "GODZILLA" THE RENTAL MACHINE..... 55 APARTMENTS ALL YOURS!!!

| DA Approved Land
| BUILD + PROFIT Opportunity
| Last of New Generation Apartment approvals
| DA APPROVED for 55 apartments
| Uber quiet location, massive valley views!!!
| At the mouth of Northern Beaches Hospital
| Be part of the rental boom, get in early
| Potential gross income $1,385,000 p.a.
| Based on $475 pw per unit
| Market build cost for each unit $150,000
| Total GFA 1,693m2 approx.
| Land 2,411m2 approx.
| Zoning R2 low density residential

Completed stabilised asset may achieve $25-27M on the open market

BUILDING FEATURES
| Twin occupants approval
| Functional kitchen & bathroom
| Private outdoor spaces
| Communal lounge rooms & laundry
| Several outdoor gardens & entertaining areas
| 28 basement car spaces, more income :)
| 11 motorcycle & 11 bicycle spaces
| Low cost landscaped area to 41% of site

LOCATION
| 150m from Northern Beaches hospital
| 160m to the new Town Centre
| 700m to Forestway Shopping Centre
| 3.6kms to Westfield Warringah Mall
| 9.4kms to Chatswood

All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently we cannot guarantee its accuracy. Any person using this information should rely on their own enquiries and verify all relevant details for their accuracy, effect and currency.

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

Development Site Summary

Property Type
Residential
Land Area
2,411 m² (*approx)
LGA
Northern Beaches Council
Selling method
For Sale: Offers Over | $7,950,000

Development Site Highlights

BUILD "GODZILLA" THE RENTAL MACHINE..... 55 APARTMENTS ALL YOURS!!!

| DA Approved Land
| BUILD + PROFIT Opportunity
| Last of New Generation Apartment approvals
| DA APPROVED for 55 apartments
| Uber quiet location, massive valley views!!!
| At the mouth of Northern Beaches Hospital
| Be part of the rental boom, get in early
| Potential gross income $1,385,000 p.a.
| Based on $475 pw per unit
| Market build cost for each unit $150,000
| Total GFA 1,693m2 approx.
| Land 2,411m2 approx.
| Zoning R2 low density residential

Completed stabilised asset may achieve $25-27M on the open market

BUILDING FEATURES
| Twin occupants approval
| Functional kitchen & bathroom
| Private outdoor spaces
| Communal lounge rooms & laundry
| Several outdoor gardens & entertaining areas
| 28 basement car spaces, more income :)
| 11 motorcycle & 11 bicycle spaces
| Low cost landscaped area to 41% of site

LOCATION
| 150m from Northern Beaches hospital
| 160m to the new Town Centre
| 700m to Forestway Shopping Centre
| 3.6kms to Westfield Warringah Mall
| 9.4kms to Chatswood

All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently we cannot guarantee its accuracy. Any person using this information should rely on their own enquiries and verify all relevant details for their accuracy, effect and currency.

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved
Mark Novak
Mark Novak
+61 *** *** *** show +61 421 111 111
Mark Novak
Mark Novak
+61 *** *** *** show +61 421 111 111

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Address available on request, Frenchs Forest, NSW 2086

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Address available on request, Frenchs Forest, NSW 2086 Frenchs Forest
NOVAK Properties - Northern Beaches
NOVAK Properties - Northern Beaches
822 Pittwater Road, Dee Why, NSW 2099
Mark Novak
Mark Novak
+61 *** *** *** show +61 421 111 111