FOR SALE
Sale Price Unavailable

116-120 Frenchs Forest Road West & 11 Gladys Avenue
Frenchs Forest NSW 2086

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5740m2
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Prime Residential Development Site opposite to Northern Beaches Hospital and Future Town Centre

RWC Asian Investment Services and Savills are pleased to present 116-120 Frenchs Forest Road West & 11 Gladys Avenue, Frenchs Forest (the Site) for sale via Expressions of Interest.
This DA imminent residential development site offers prospective purchasers the opportunity to develop a high-end residential apartment project or alternative development options such as an aged care facility directly opposite to the newly completed Northern Beaches Hospital and the future Frenchs Forest Town Centre.
Additional Highlights of the Property:
* Large amalgamated residential development site at the centre of the Frenchs Forest Hospital Precinct;
* Total site area of 5,740.4sqm*;
* R3 Medium Density Residential zoning with Part 2:1 and Par 1:1 FSR;
* DA lodged for the construction of 127 apartments across 3 buildings^;
* Proposed GFA of 12,879.2sqm*^ - including Infill Affordable Housing bonuses;
* Directly opposite to the new state-of-the-art Northern Beaches Hospital;
* Opposite to Frenchs Forest's Future Town Centres;
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Property Details for 116-120 Frenchs Forest Road West & 11 Gladys Avenue, Frenchs Forest

Building Type
Commercial
Land Size
5740m2

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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 5,171 properties. Over the last 5 years, Houses in Frenchs Forest have seen a 69.85% increase in median value, while Units have seen a 31.00% increase. As at 31 July 2024:

  • The median value for Houses in Frenchs Forest is $2,231,270 while the median value for Units is $1,667,271.
  • Houses have a median rent of $1,200 while Units have a median rent of $660.
There are currently 24 properties listed for sale, and 16 properties listed for rent in Frenchs forest on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Frenchs forest.

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Danny Shi
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Tao Shi
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RWC Western Sydney
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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.