A Seniors Living development underway at Oxford Falls on the Northern Beaches
Seniors Living as an asset class is leading other forms of development - especially on the Northern Beaches. And there are other advantages too. As a State controlled SEPP it falls under the favoured 'Low Rise Medium Density' or 'missing middle' category. But the hidden advantage is that if your Seniors development complies in all aspects with the SEPP - it cannot be refused by the local council. And the other advantage is - if the development is well located - preferably in a quiet street but close to amenities - preferably with views and a high quality build - it will achieve above $20k/SqM on resale. As a specialist in these types of development sites, I can say with experience that my latest listing - 12-14 Gladys Avenue, Frenchs Forest ticks all the boxes: great views, back street and close to current and future planned amenities. I'll try and upload a video so stay tuned or visit www.thornproperty.com.au