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- April
- 2024
- Residential
- News
CE lands prime Greenwich site
We are pleased to share that CE have acquired another new site - this time in the tightly held and best kept secret suburb of Greenwich. We acquired a prime parcel of land in the lower north shore with plans to curate a highly sought after mixed-use seniors living project.
- April
- 2024
- Residential
- News
The 1,232 square metre site, located at 126 Pacific Highway, sits in an elevated position with uninterrupted views of the Sydney Harbour Bridge and CBD skyline. With three street frontages, the site presents an opportunity for a ground floor retail offering.
The site was purchased for $17m, with the deal negotiated by Tom Appleby, Steam Leung and Joseph Lin of Colliers.
The design now underway, will revolve around the concept of community, pushing the boundaries of form to facilitate shared living experiences, and the coming together of those who share a passion for embracing life to the fullest in their later years.
“Central Element appreciated the adaptive use potential in line with the favourable underlying planning controls, the property’s panoramic Sydney Harbour views enjoyed from its elevated ‘island’ site positioning and its proximity to the North Shore's pre-eminent health precinct. St Leonards has become one of Sydney’s most exciting new precincts, as it is set to transform with the impending Crows Nest Metro Station opening, and the affiliated St Leonards and Crows Nest 2036 Plan.”
Tom Appleby
Director of Sydney North Sales at Colliers
A DA will be submitted this year with plans for an eight-storey building with car parking, two and three-bedroom apartments, extensive communal space including internal amenity and a rooftop bar with expansive harbour views, and street level retail spaces.
CE will work very closely with the Lane Cove Council having collaborated with them previously on its Aston and Battique developments in the local area.