Novak Properties, in conjunction with Adam Charles as joint exclusive agents, are pleased to present 16 Gladys Avenue, Frenchs Forest, a compelling residential development opportunity located within one of the Northern Beaches' most strategically positioned growth precincts.

A Development Application has been lodged and is currently under assessment for a contemporary 15 townhouse scheme, designed to align with current planning controls and the NSW Low & Mid-Rise Housing SEPP. The site offers buyers the ability to step into a well advanced planning process, while retaining flexibility as the approval progresses.

Development Highlights
• DA lodged and pending determination for a luxury 15 townhouse development
• Potential for 30 units STCA
• Modern low-rise Class 1 residential design
• Mix of 3–5 bedroom residences, with 14 townhouses including studies
• Above-ground parking with internal driveway access
• Private courtyards, balconies and terraces
• Strong owner/occupier and downsizer appeal
• Previously approved boarding house scheme for 55 self-contained studio apartments
• Potential alternative outcomes, including apartment development under Low & Mid-Rise Housing planning controls (STCA)
• Positioned within an emerging strategic town centre precinct

Key orientation benefits
• Prime north facing rear aspect
• Elevated position with district views toward Terrey Hills and Ingleside

Site Details
• Elevated 2,411m2 site in a quiet, leafy residential street
• Zoning: R2 – Low Density Residential
• Located within the Low & Mid-Rise Housing SEPP area
• Favourable topography with efficient building envelope
• Existing sewer and stormwater infrastructure at the rear of the site

Premium Frenchs Forest Location
• Approx. 160 metres walking distance to the Northern Beaches Hospital
• Immediate proximity to the proposed Frenchs Forest Town Centre
• Easy access to Warringah Road, Wakehurst Parkway and future transport upgrades
• Central Northern Beaches location, approximately 15 minutes to Chatswood and Dee Why Beach
• Close to major retail hubs including Forestway Shopping Centre and Warringah Mall
• Surrounded by established, predominantly owner/occupied residential housing

Sales Process

The property is offered for sale via Expressions of Interest, closing Thursday 19 February at 4:00pm (AEDT), unless sold prior.

For further information or to obtain a copy of the due diligence package, please contact the exclusive selling agents.

"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."