FOR SALE
Guide | $11,000,000

1 Bluegum Crescent
Frenchs Forest NSW 2086

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4405m2
Land area: 2898m2
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DA-APPROVED LAND FOR 44 APARTMENTS – UNMISSABLE OPPORTUNITY!

| BIG BUILD - BIG PROFIT!!!!
| DA approved project,
| SITE AREA: 2898 M2, Encompassing 4 lots
| GFA: 4405M2, FSR 1.49:1
| Core Northern Beaches location
| 44 residential apartments (no commercial)
| Mix of 7x1br, 31x2br, and 6x3-br Penthouses
| Highly sought-after area
| Low carparking yield - no commercial lots
| Close to the new Frenchs Forest Town Centre
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Property Details for 1 Bluegum Cres, Frenchs Forest

Building Type
Commercial
Floor Size
4405m2
Land Size
2898m2

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About Frenchs Forest 2086

The size of Frenchs Forest is approximately 8.4 square kilometres. It has 36 parks covering nearly 19.2% of total area. The population of Frenchs Forest in 2011 was 13,191 people. By 2016 the population was 13,467 showing a population growth of 2.1% in the area during that time. The predominant age group in Frenchs Forest is 40-49 years. Households in Frenchs Forest are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Frenchs Forest work in a professional occupation. In 2011, 87.9% of the homes in Frenchs Forest were owner-occupied compared with 84.7% in 2016.

Frenchs Forest has 5,153 properties. Over the last 5 years, Houses in Frenchs Forest have seen a 55.61% increase in median value, while Units have seen a 24.17% increase. As at 30 September 2024:

  • The median value for Houses in Frenchs Forest is $2,224,815 while the median value for Units is $1,629,371.
  • Houses have a median rent of $1,200 while Units have a median rent of $635.
There are currently 39 properties listed for sale, and 12 properties listed for rent in Frenchs forest on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Frenchs forest.

Suburb Insights for Frenchs Forest 2086

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Mark Novak
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Stevan Bubalo
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NOVAK - Northern Beaches
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.