Designer Townhouse Development in St Ives

Project Name/Address: Cowan St Ives

Development Type: Medium Density Townhouse Development

Timeline: 2022 - 

•  Market Demand: Strong downsizer market and young local families seeking close proximity to shopping village.
• Zoning & Permissibility: R3 Medium Density. 
• Physical Attributes: Large block with wide frontage, ideal for townhouse development.
• Financial Buffer: A purchase price reflecting the previous house in a good location, but below market price for a premier R3 development site.

• Regulatory/Planning: Site did not meet the minimum land size for a townhouse development in council area, through a design and consultation process with council was DA approved within 18 months.