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Benchmark Capital has reached a key milestone at Northbridge, with a Development Application submitted for its proposed boutique residential development on Sydney’s Lower North Shore.
The submission marks an important step in progressing the project, which is proposed to deliver a collection of 31 residences in one of the Lower North Shore’s most tightly held residential markets.
WMK Architecture has been appointed as architect for the project, leading both the architectural design and exterior expression of the proposed development.
Positioned moments from Northbridge Plaza and the local town centre, the proposal has been shaped around its established residential setting, leafy outlook and convenient access to the Sydney CBD. The design prioritises generous, functional residences, private open spaces and the needs of owner-occupiers and downsizers.
The DA submission follows Benchmark Capital’s acquisition of the Northbridge site and represents the next major milestone in advancing the project through the planning and development process.
Fawaz Sankari, CEO of Benchmark Capital, said:
“The submission of the Development Application is an important milestone for Northbridge and reflects the work undertaken with our development and design partners to progress the opportunity. Northbridge has many of the fundamentals we look for — scarcity, strong amenity, connectivity and a deep owner-occupier market. We’re pleased to take this next step towards delivering a high-quality residential project that responds to its location.”
Benchmark Capital will continue working alongside development partner FYVE, WMK Architecture and the broader consultant team as the Development Application progresses through assessment.
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Benchmark Capital Pty Ltd ACN 631 724 144 (Benchmark) is a corporate authorised representative (CAR) (CAR Number 131 3071) of Boutique Capital Pty Ltd ACN 621 697 621 AFSL 508011. Any information or advice is general advice only and has been prepared by Benchmark for individuals identified as wholesale investors for the purposes of providing a financial product or financial service, under Section 761G or Section 761GA of the Corporations Act 2001 (Cth). Any information or advice given does not take into account your particular objectives, financial situation or needs and before acting on the advice, you should consider the appropriateness of the advice, having regard to your objectives, financial situation and needs. If any advice relates to the acquisition, or possible acquisition, of a particular financial product you should read any relevant Product Disclosure Statement or like instrument.
