Sunland seeks community townhouse estate on Harry's thwarted Warriewood highrise site

Sunland seeks community townhouse estate on Harry's thwarted Warriewood highrise site
Jonathan ChancellorDecember 7, 2020

The Sunland development group has spent $18 million on Harry Triguboff’s remaining three hectare Warriewood site on Sydney’s Northern Beaches.

It had been listed earlier this year with $25 million plus ambitions.

After Meriton's high-density attempts, Sunland Group said in a statement to the Australian Securities Exchange that it had earmarked the site for a residential community comprising 81 town home residences.

It has an estimated end value of $80 million.

Sunland said that the 18 Macpherson Street project was expected to be launched in 2016 pending planning and design approvals for the 3.5 hectare holding.

There is a very active residents' association in the suburb.

Set next to Flower Power nursery, Meriton had sought permission to build up to 280 dwellings, or 80 homes per hectare, up to four storeys in height.

Meriton had previously undertaken lengthy court hearings to secure its desired high density on nearby Warriewood projects, the Sanctuary on Oceanvale.

Sunland’s existing portfolio includes a prime six hectare site in the nearby suburb of Ingleside.

Its North Kellyvillle project, Dahlia secured a first stage sell-out recently.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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