Low maintenance investment
Introducing 16 Gladys Avenue, Frenchs Forest a 55 studio boarding house development with potential upside to circa 80 studios STCA.
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A high-growth suburb of Frenchs Forest, 16 Gladys Avenue comprises of 55 self-contained studio apartments. Located within 200m of the new Northern Beaches Hospital and in the heart of the future hub of Sydney Northern Beaches, this is an investment opportunity that you will not to be missed!
This 2,411sqm investment site is situated in the strongest region in Australia for rents and capital growth with the potential upside to circa 80 rooms STCA. With huge infrastructure upgrades to the regions, future plans along with a new town centre master plan this ready to build development is set to see rents increase as the redevelopment of Frenchs Forest occurs.
Local Area Infrastructure Upgrades
The Frenchs Forest council has strategically positioned the suburb as the new regional hub for greater Sydney. In a Covid safe haven, this region has record low vacancy, huge demand, and is a suburb set for a re-rating and upgrade.
Both Upstate and Collins are predicting these few benefits will ensure your investment will generate high yields. See below just some of the new infrastructure planned to be within this Northern Beaches Hub.
Frenchs Forest New Urban Plaza
With the Forest High School moving location, a 12-hectare site in Frenchs Forest has become available for renewal and will form part of a significant new town centre.
Northern Beaches Citylink tunnel
The access road from the Wakehurst Parkway at Seaforth will significantly reduce travel time by creating a saloon passage from The Northern Beaches Hospital and proposed new town Centre Precinct.
New B-line Service
A new service is set to operate from Sydney’s North Shore to The Northern Beaches. Linking the Chatswood Interchange to Dee Why Town Centre via the Northern Beaches Hospital.
Where is it located on a map?