Serendipity North Sydney - 5-7 Doohat Avenue, North Sydney

Nulla Nulla - 1 Nulla Nulla Street, Turramurra

<ul><li>The existing dwelling and structures on site will be demolished</li>
	<li>The construction project will include building 6 townhouses with 4 bedrooms each and 14 townhouses with 3 bedrooms each</li>
	<li>The townhouses will be 3 storeys tall</li>
	<li>Two of the townhouses will be adaptable for disabled people and two will be designed for comfortable living</li>
	<li>The roofing will be made of colour-coated metal sheets</li>
	<li>Flashings, windows, and doors will be made of aluminium frames</li>
	<li>Lightweight cladding will be used for the exterior walls</li>
	<li>Timber look aluminium batten screens and fences will be installed</li>
	<li>The walls will also have face brickwork</li>
	<li>The basement will have car parking for 44 vehicles, including 3 accessible bays</li>
	<li>A deep soil area of 742.34sq m will be included in the project</li>
	<li>Landscaping will cover an area of 891.70sq m.</li>
</ul>

15 Mildred Avenue, Hornsby

229 Tower Street, Panania

13-17 Carinya Street, Blacktown

29-31 Balmoral Street, Waitara

363 Victoria Road, Gladesville

520-522 Canterbury Road, Campsie

26-28 Willan Drive, Cartwright

479-481 Pacific Highway, Asquith

18-20 Meryla Street, Burwood

Amore - 2-4 Lords Avenue, Asquith

1147-1149 Pacific Highway, North Turramurra

North Sydney is set to welcome a new apartment development with Chinese developer Wu Investments soon to launch&nbsp;Serendipity, a collection of 29 apartments near North Sydney's Northpoint Tower retail hub.

Prices will start from $1.23 million for the one-bedroom apartments with a study at 5 Doohat Avenue. The two-beds, also with a study, are priced from $1,765,000, and the three-bedroom apartments from $3.09 million.

Wu Investments already have a builder appointed,&nbsp;Novati, who will begin construction next year. The four-level building has been designed by&nbsp;Mackenzie Architects International, with interiors by Tesser Arch and landscaping by Conzept Architects.

One of the drawcards of the project is the location, just a 10-minute&nbsp;walk to North Sydney station, Greenwood Plaza, and the North Sydney metro, due to be completed Q2 of 2024.

Ray White Projects Western Sydney Managing Director Mark Bernberg expects high demand for the boutique apartments situated in a quiet street.&nbsp;

"Sitting amongst close distance to medical, school and transport and a short walk to Sydney CBD, Serendipity is a reflection of the strong market we’re seeing for off-the-plan projects," Bernberg says,

Bernberg says buyers are now looking to transact with interest rate hikes all but over.

"There has been a lot of uncertainty surrounding interest rates, with people sitting on their hands and not willing to commit. What we’re starting to see now is confidence in both home buyers and investors as we realise that interest rate hikes are unlikely with the most likely move next year being downward.

"We’re in a unique position with our off the plan project, with North Sydney looking to grow year on year and interest rate rises coming to a stop, investors and home buyers can see strong ROI and positive rental history and high capital growth opportunities.&nbsp;

&nbsp;

North Sydney has seen a sales turnover of 4.4 per cent in the past 12 months, with an annual 10-year compound growth rate at a steady 4.2 per cent and a 3.3 per cent rental yield.

The average person holding their property for 12.2 years shows strong opportunities for investors.&nbsp;

&nbsp;

Wu Investments have previously developed in the North Shore before, completing&nbsp;Thirty 8 Albert Avenue, a mix of apartments, a 100-room hotel, and an eye hospital, back in 2015.

Ray White Projects Western Sydney Managing Director Mark Bernberg expects high demand for the boutique apartments situated in a quiet street

Joel Robinson

Serendipity, North Sydney apartment development, to launch

Mackenzie Architects International

Mackenzie Architects International

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