Sun Property Group has proposed a multimillion-dollar mixed-use development in Sydney’s bustling lower North Shore suburb of Lane Cove.
The 3665sq m site, located at 56-60 Burns Bay Road, proposes the demolition of the existing buildings and construction of a development incorporating residential, retail and dining premises to cater to the growing area.
Plans for the project has been submitted to Lane Cove Council and will include a commercial tenancy, a retail tenancy, a community space, a restaurant and two residential apartment buildings.
While the site is currently a specific retail precinct anchored by Coles, Sun Property Group general manager Cameron Johnson told The Urban Developer the group’s intention is to harness the site into a precinct that “taps into the urban village”.
The residential component comprises studio, one, two and three-bedroom apartments totalling 22 dwellings.
A basement car park is also included in the proposal. Accessible from Sera Street it will offer 127 car parking spaces across three levels.
The retail lobby, community space lobby, residential "building A" lobby as well as the proposed restaurant all have direct access from Burns Bay Road. Pedestrian access to residential "building B" is proposed from Sera Street.
Both buildings offer communal open space, with building A providing a roof top terrace and building B located on ground floor and level one.
Sun acquired the Lane Cove site, which sits 100 metres from the centre plaza and direct access to public transport, in late 2017.
Johnson said the significant land holding is within one of Sydney’s most vibrant urban village.
“Lane Cove is undergoing an urban renaissance with opportunities for new business, transport and homes a key focus of the area.
“We very much look forward to what the future holds for Lane Cove and its community.”