Sun Property's strategic development - New acquisition at Neutral Bay
27 September 2017
Sun property acquired a new site in Neutral Bay recently. The site will be developed as a modern and high quality building located at 12-14 Grosvenor Street at center of Neutral Bay. It will also make the area become a potential hotspot in the lower north shore.
This development site has already been approved by the local council as a residential building with 29 apartments including studio, 1 bedroom, 2 bedrooms and 3 bedrooms. As previous projects Sun Property built in lower north shore before, this building would be designed and built as similar boutique style.
This site is located on the quiet street next to Military Road connecting Cremorne and Mosman and just 3 minutes walk from the local most prosperous Neutral Bay Junction. All convenience are within easy access.
Neutral Bay is a unique suburb in lower north shore, which is surrounded by North Sydney, Milsons Point, Cremorne, Cremorne Point, Cammeray and Crows Nest. Moreover, it is only 1.5kms from Sydney CBD.
With the proximity to the city and low key lifestyle, Neutral Bay attracts more and more people pursuing quality lifestyle.
With our continued focus to acquire sites that are well connected within contemporary Sydney villages, we are excited to announce our latest acquisition smack bang in the heart of Neutral Bay. Surrounded by the buzzing and sophisticated Neutral Bay Town Centre, 12-14 Grosvenor Street has recently gained development approval for 29 apartments. Designed for us by A+ Design Group, the building offers a mix of spaces.
We expect first release of the project to occur throughout 2018.