A one-day deep dive on office, retail, healthcare, childcare and alternative sectors
UPCOMING | COMMERCIAL REAL ESTATE SUMMIT
Resources
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
Plunge pools and harbour views will be among the drawcards of a luxury residential development proposed for Rose Bay.
The proposal in the sought-after Sydney Harbour suburb is for a four-storey residential apartment building with just four whole-of-floor apartments. Plans have been filed with the Woollahra Council.
The site, a street back from the waterfront, is 6km east of the Sydney CBD and about 2.5km from Double Bay.
Architects MHN Design Union have designed the apartment building for 845 NSH Pty Ltd, a vehicle of Ronnie Shulkin of Nadlan Property Group—a boutique developer operating in Sydney’s eastern suburbs—and Bernard Stang, co-founder of Regional Health Care Group of companies and chief executive of Stangcorp.
The site at 845 New South Head Road is now home to a single-storey brick cottage that would be demolished to make way for the new development.
Surrounding homes have been oriented to maximise views of the CBD skyline and harbour.
The proposed development will “provide a high level of resident amenity” and basement parking will be provided, which requires extensive excavation works on the sloped site.
Three and four-bedroom apartments will be offered on each floor, each with rear gardens and balconies plus a plunge pool on the ground floor.
The three-bedroom ground-floor apartment will be open plan with ensuite bathrooms and a harbour-facing terrace providing access to the pool, according to the plans.
The first and second floors will each have four-bedroom apartments, and amenities would include wine storage areas and access to rear gardens, while the three-bedroom third-floor unit will have views of the harbour from its private terrace.
“The skilful design of the proposal sets back the building further than required, which goes beyond the rear setback intentionally to take advantage of the site topography and allow for a greater degree of view sharing and better street interface than a compliant development,” developers said.
Development opportunities at Rose Bay can be rare, with the well-heeled flocking to the waterside suburb and developers investing in luxury mansions, such as a property at 12 Tivoli Avenue which is being redeveloped after being sold for $45 million two years ago.
