Luxury Multi-Storey Terraces in Chatswood CBD

Project Name/Address: Archer Chatswood

Development Type: Medium Density Townhouses

Timeline: Rezoning and DA approved in 2 years

•  Market Demand: A premier site in the Chatswood CBD area. Strong demand for large luxury townhouses.
• Zoning & Permissibility: R3, Planning changes required
• Physical Attributes: Landmark corner site with 3 street frontages presents ideal townhouse opportunity.

• Regulatory/Planning: Site was zoned R2 at acquisition, an opportunity to rezone to R3 Medium Density was presented. Planning Proposal to rezone land was approved within 1 year. 
• Site/Construction: Narrow, long site means creative design to create spacious townhouses with basement. Individual garage and lifts to each residence. Each residence separated and angled to create identity.

• Financial Metrics: Gross Realisation Value achieved highest DA ready Medium Density site per SQM in the North Shore. 
• Time: Project was sold as DA approved site.
• Target Audience: Local and international families and investors