For Sale

1 Bluegum Crescent, Frenchs Forest NSW, 2086

ROCK SOLID LOCATION
8,480m2
2,898m2
Development

UNMISSABLE DEVELOPMENT OPPORTUNITY! 74-UNIT POTENTIAL UNDER NEW STATE GOVERNMENT ZONING POLICY – EXISTING DA APPROVAL FOR 44 UNITS

Fast Approval Process!

The new State Significant Development (SSD) approval pathway is now available for housing developments with an estimated development cost (EDC) exceeding $60 million in Greater Sydney and approximately $30 million in regional NSW.
The Housing Development Authority (HDA) is considering expressions of interest for housing projects to be designated as SSD, including any state-led rezoning to facilitate this process.

The HDA will review recommendations from the Department and make its own determinations or suggestions to the Minister.
Determining an EOI
The Department will prepare a determination report on behalf of the HDA following its decision on an EOI for major residential development or state-led rezoning. This report will be made publicly available within 14 days of the HDA’s decision.

Development Highlights
| POTENENTIAL NEW DA APPROVAL FOR UP TO 74 UNITS
| Potential new GFA: 6,375m²

| EXISTING DA APPROVED PROJECT
| Site area: 2,898m² across 4 lots
| GFA: 4,405m² | FSR: 1.49:1
| Core Northern Beaches location
| 44 residential apartments (no commercial)
| Unit mix: 7 x 1-bedroom, 31 x 2-bedroom, 6 x 3-bedroom penthouses
| Highly sought-after location
| Low car-parking yield – no commercial lots
| Close to the new Frenchs Forest Town Centre
| Prime corner position
| Excellent public transport access
| Near shopping centres and top schools
| Directly opposite Northern Beaches Hospital
| A rare and strategically positioned site
Unmatched Connectivity
| 12 mins to Manly
| 8 mins to Dee Why
| 14 mins to Chatswood
|12 mins to Mona Vale

Why Invest in Frenchs Forest?

Frenchs Forest is booming, with apartment sales outperforming even Dee Why on the Northern Beaches, achieving impressive $ per m² rates.
The area is experiencing high demand from downsizers looking to reinvest in premium apartments while staying within their beloved community.
Offering the perfect mix of suburban charm and modern conveniences, Frenchs Forest is a prime residential and investment location, featuring:
| Proximity to the new Frenchs Forest Town Centre
| Shops, dining, and lifestyle amenities
| Excellent transport links to Sydney’s CBD and surrounding suburbs
| Top-tier schools and lush green spaces
| Direct adjacency to Northern Beaches Hospital

This rare development opportunity won’t last long. Secure your stake in one of the Northern Beaches’ most sought-after locations!

Disclaimer: All information provided herein is sourced from third parties, including but not limited to owners, developers, valuers, and solicitors. While every effort has been made to ensure accuracy, we advise all interested parties to conduct their own due diligence and verify all details independently.

Location

Commercial Sales Agent
Commercial real estate expert and powerhouse Michael Burgio attributes his years of real estate success to constantly striving for excellence in his field. The knowledge he has amassed and the relationships he has built reinforce the fact that his results cannot be overlooked. Michael’s incredible drive is evident in every property dealing, sale, commercial leasing,… Read more »

Property Guru
Josh has joined the Novak Real Estate sales team, bringing with him a wealth of experience and a friendly, approachable attitude. His extensive knowledge of the real estate market combined with his eagerness to assist makes him a valuable asset to both vendors and buyers. Josh’s commitment to providing exceptional service ensures a smooth and… Read more »

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