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Novak Properties are pleased to present 7 Blackbutts Road, Frenchs Forest to the market - a 1,098.6m2 corner allotment holding a DA-approved 76 place childcare centre (DA2024/1481), with potential income of $400,000 per annum plus GST and outgoings once operational and an estimated build cost of $3 million to $4 million.

The childcare DA is approved and ready to build. Separately, the site sits within the mapped NSW Low and Mid-Rise Housing Policy Stage 2 catchment, opening a potential unit block or townhomes redevelopment pathway on the same corner allotment, subject to a fresh development application not yet lodged.

DEVELOPMENT HIGHLIGHTS
| DA-approved 76 place childcare centre - DA2024/1481
| Potential income of $400,000 per annum plus GST and outgoings
| Estimated build cost of $3 million to $4 million
| 1,098.6m2 corner allotment
| Basement parking approved for 19 vehicles
| Separately, potential LMR redevelopment upside - unit block or townhomes
| Within the mapped LMR Stage 2 catchment
| A fresh DA would be required for any LMR redevelopment pathway

KEY ORIENTATION BENEFITS
| Corner allotment with dual street frontage
| Forestway Shopping Centre approx. 800m walk
| Glenrose Shopping Centre approx. 1.2km walk
| Wakehurst Public School approx. 400m, 2 min drive
| Frenchs Forest Public School approx. 700m, 3 min drive
| Northern Beaches Hospital approx. 1.5km
| Approx. 22 minutes to the Sydney CBD

SITE DETAILS
| Address: 7 Blackbutts Road, Frenchs Forest NSW 2086
| Land area: 1,098.6m2 corner allotment
| Building area: approx. 836m² GFA (approved childcare centre, indicative)
| Zoning: R2 Low Density Residential, Northern Beaches Council
| Existing improvements: residential dwelling plus the approved, unbuilt DA
| Approved height / FSR: 8.5m / 0.45:1
| Parking: basement parking for 19 vehicles, including 2 accessible spaces
| LMR potential: duplex, multi-dwelling housing or apartments, subject to a fresh DA

FRENCHS FOREST
Frenchs Forest sits within the NSW Government's 2041 Place Strategy for a new town centre, with around 2,000 new homes and 2,000 new jobs planned over the next two decades. The area carries a well documented shortfall of childcare places relative to demand.

For sale - contact the exclusive selling agents for price guide and sale process. This listing has been prepared for the guidance of prospective purchasers. All areas, figures and yields are estimates and must be independently verified; this is not a substitute for a registered valuation, a quantity surveyor's cost plan or town planning advice.

For further information or to obtain a copy of the information memorandum, please contact the exclusive selling agent.

Michael Burgio - 0430 344 700, mburgio@novak.com.au
Mark Novak - 0421 111 111, mnovak@novak.com.au
novak.com.au | 8978 6888 | @novakproperties

"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."

Images and floor plans may include AI editing or digital enhancement for marketing purposes and may not reflect the property's current condition. All information is provided in good faith but without warranty. Prospective renters must rely on their own enquiries. Complies with Australian Consumer Law.